[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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• 2026.10.22 09:32
• [National carbon market transactions exceed 1 billion tons]
• On October 21, 2026, Vice Minister of Ecology and Environment Li Gao announced at a press conference held by the State Council Information Office that the national carbon emission trading market has been online for more than five years, and has built the world's largest carbon emission trading market. Currently, the controlled carbon dioxide emissions are about 8.3 billion tons, accounting for more than 65% of China's total carbon dioxide emissions. Recently, the cumulative trading volume of quotas has exceeded 1 billion tons.Editor/Gong Ziwei

• 2026.10.22 09:31
• [Hami liquid ammonia first export]
• In 2026, a batch of liquid ammonia will be exported to Kazakhstan through Alashankou, marking the first export of liquid ammonia from the Hami Customs jurisdiction and adding a new category of high value-added coal chemical products.Editor/Gao Xue