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Saudi’s Ceer enters into $145mn partnership with Sabelt

Summary by GCC Business News
Ceer, Saudi Arabia’s first electric vehicle (EV) brand and Original Equipment Manufacturer (OEM), has announced a $145 million (SAR 543 million) collaboration with Sabelt, reinforcing its dedication to building top-tier collaborations. This collaboration demonstrates Ceer’s strategic approach of selecting top-tier partners in its quest to design, engineer, manufacture, and sell world-class EVs in Saudi Arabia. By integrating the best of global a…
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GCC Business News broke the news in on Wednesday, February 5, 2025.
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