[Lucid Motors to build first overseas production plant in Saudi Arabia] Lucid Motors said it will build a production plant in Saudi Arabia with an annual capacity of 155,000 zero-emission electric vehicles. The deals are estimated to give Lucid a total of up to $3.4 billion in funding and incentives over the next 15 years to build and operate manufacturing plants in the kingdom. AMP-2, which will be located in King Abdullah Economic City, is the first production facility outside the U.S. for a public investment fund-backed electric vehicle manufacturer, according to a statement. Editor/Xing Wentao

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• 2026.04.24 10:25
• [Pohang injects 4.3 billion US dollars into Indonesia]
• On April 23, 2026, POSCO confirmed an additional investment of 4.3 billion US dollars in Indonesia, with the goal of building a high-end automotive steel base by 2029, with an annual output of approximately 2 to 3 million tons.Editor/Gao Xue

• 2026.04.24 10:22
• [Cross border highway shuttle bus on the Land Sea New Corridor breaks record]
• On April 18, 2026, the total number of cross-border road shuttle buses shipped by the Western Land Sea New Corridor in 2025 was 12555, with a value of 17.417 billion yuan, an increase of 91% and 306% respectively year-on-year, both reaching a historical high.Editor/Gao Xue