[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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• 2026.07.21 11:28
• [Fangzheng Gaomi F6 AI project substation external line project starts construction]
• Recently, the 110KV substation external line project of Chongqing Fangzheng Gaomi F6 artificial intelligence expansion project has officially started, laying the foundation for the project to be put into operation on schedule. The AI computing power equipment has extremely strict requirements for power supply reliability. After the completion of this external project, it can fully meet the high load power demand after project expansion, ensure the stable operation of the computing power cluster, and improve the power supply safety level and redundancy reserve capacity. Editor/Cheng Liting

• 2026.07.21 11:28
• [The Pearl River Coal Power Environmental Protection Replacement Project Started]
• As the first coal power and other capacity replacement and reconstruction project in Guangzhou and the first batch in Guangdong, the total investment scale of the 2x600MW coal power and environmental protection replacement project of the Pearl River Power Plant in Guangzhou is about 5.6 billion yuan. By adopting the old demolition and new construction mode, two 600MW ultra supercritical secondary reheat coal-fired power generation units will be built at the original site. Two units are expected to be completed and put into operation in 2028 and 2032 respectively, with an estimated annual power supply of over 5 billion kilowatt hours after commissioning. Editor/Cheng Liting