[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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• 2026.07.01 09:19
• [Anhui ultra-high voltage project completed and transmitted electricity]
• On June 30, 2026, the Shaanbei Anhui ± 800 kV HVDC transmission project of State Grid Corporation of China was fully completed and put into operation. This project is the first ultra-high voltage direct current transmission project to be put into operation in China during the 15th Five Year Plan period. It is also another landmark project of State Grid Corporation of China to serve the national West East power transmission strategy. It has significant strategic significance for enhancing the country's energy security guarantee capability, promoting cross regional optimization of clean energy allocation, and promoting green and low-carbon energy transformation.Editor/Gong Ziwei

• 2026.06.30 15:21
• [Lingang Xingang Integrated Wafer Manufacturing Project Starts Construction]
• On June 29, 2026, the groundbreaking ceremony of the Lingang New Area Xingang Integration Project was held at the project site in Xinlu Village, Wanxiang Town. The total construction area of the first phase of the project is about 620000 square meters. After completion, it will focus on the research and manufacturing of 55nm to 28nm planar process integrated circuits, providing professional integrated circuit outsourcing services to global customers. The first phase is planned to start construction in the third quarter of 2026 and be delivered for use by the end of 2027, further improving the integrated circuit industry ecosystem in Lingang. Editor/Cheng Liting