[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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• 2026.09.28 10:37
• [Guangzhou Unveils Low-Altitude Economy List to Connect Supply and Demand of Scenarios]
• The Guangzhou Municipal Transportation Bureau has released a list of demand and supply capacity for local low altitude economic application scenarios, with a total of 77 items, including 30 demand items and 47 supply items, covering multiple fields such as public governance, low altitude transportation, and low altitude consumption, to assist in the implementation and construction of low altitude economic scenarios. Editor/Min Jing

• 2026.09.28 10:34
• [SOEs Strengthen Docking to Promote High-end Energy Equipment Going Global]
• Recently, Sinomach Engineering Group and CAMCE teams visited China Aero Engine Gas Turbine, Aero Engine Power, and Shaangu Group for inspection and exchange. All parties have held in-depth talks on strategic coordination and industrial chain cooperation, reached a consensus, and will form a strong alliance to promote the development of domestic high-end energy equipment in the international market. Editor/Min Jing