[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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• 2026.09.23 14:27
• [CCTC Vice President Zhang Yang Meets Chongqing Construction Engineering Group]
• Recently, Zhang Yang, a member of the CCSIC Party Committee and Vice President, visited Chongqing Construction Engineering Group for a discussion. The two sides discussed deepening cooperation in areas such as urban renewal, overseas business, and Hami aid construction. Zhang Yang and his delegation also conducted grassroots research, safety inspections, and summer cooling and consolation activities. Editor/Min Jing

• 2026.09.23 14:26
• [Multiple Nations Meet in Beijing on Trans-Caspian Transport Corridor Expansion]
• The high-level conference on the Trans Caspian International Transport Corridor, hosted by the Ministry of Transport, was held in Beijing. Representatives from multiple countries along the route attended and jointly released initiatives to expand capacity and increase efficiency. Two supporting guidelines were simultaneously launched, and all parties will work together to improve the channel facilities and create a benchmark channel for Asia Europe connectivity. Editor/Min Jing