[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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• 2026.08.21 16:02
• [China and Chad sign development cooperation agreement]
• On August 20, 2026, Ambassador to Chad Wang Xining and Chad's Minister of State and Minister of Finance, Budget, Economy, Planning and International Cooperation Ngilan signed a development cooperation agreement on behalf of both governments. Counsellor Dan Yuanpeng from the embassy attended. Ambassador Wang stated that the signing of this agreement aims to implement the important consensus between the two heads of state through practical measures, and will provide assistance for the construction and improvement of infrastructure and people's livelihoods in Chad. China is willing to continue to work with Chad to share development experience, deepen practical cooperation in various fields, and benefit the people of both countries through the docking of development plans. Enjilan expressed gratitude to China for its long-term strong support for the economic development of Chad. Chad is willing to work closely with China to promote the implementation and effectiveness of the agreement as soon as possible, and realize the development vision of various fields in Chad as soon as possible.Editor/Gong Ziwei

• 2026.08.21 16:00
• [JD releases robot strategy to form industry alliance]
• At the 2026 World Robot Conference, JD.com announced a new strategy for robotics, planning to invest billions of resources over five years, build 80 robot bases, and collect millions of real scene data over two years. JD has formed a robot parts industry development alliance with several leading companies in the industry chain, laying out the industry from three dimensions: supply chain, service, and technology. Empowering upstream and downstream enterprises with supply chain advantages, establishing a full lifecycle robot service system, and unifying robot battery standards. At the same time, relying on massive real-world data, building AI technology barriers, seizing opportunities for the development of embodied intelligent robot industry, and improving the robot industry ecosystem.Editor/Gong Ziwei