[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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  • 2026.10.08 14:33
  • [Golmud-Lhasa Electrification to Welcome Fuxing EMUs on Qinghai-Tibet Railway]
  • The electrification renovation of the Golmud Lhasa section of the Qinghai Tibet Railway will start in November 2026 and is expected to be put into operation in 2029. At that time, the Fuxing Express will directly reach Lhasa, and the travel time from Xining to Lhasa will be reduced to about 14 hours. The external power engineering supporting the project will start construction first, ending the internal combustion traction mode that has been used for 20 years and achieving the localization of power equipment for high-altitude railways. Editor/Min Jing
  • 2026.10.08 14:31
  • [Chinese Electric Motorcycles See 60% Import Surge in Africa]
  • In the first half of 2026, the amount of electric motorcycles and tricycles imported from China to Africa reached 114.6 million US dollars, a year-on-year increase of 60%, with Morocco, Egypt, and Algeria being the main importers. China's two wheeled electric vehicles going global are upgrading from whole vehicle exports to an ecological output of supply chain, battery swapping network, and local assembly. Spiro has raised $270 million in financing, and Yadea and Tailing are accelerating the layout of battery swapping and localization. Editor/Min Jing
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