[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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• 2026.04.02 18:06
• [Serbia's Frasinsk Cascade Hydropower Station launches upgrade and renovation]
• The Frasinsk cascade hydropower station in Serbia, which has been in service for 71 years, has started modernization and upgrading. Andritz is responsible for updating the unit equipment, and the total installed capacity will increase to 138MW after the renovation. The project adopts phased construction to achieve uninterrupted renovation and ensure stable regional power supply. This project has received loan support from the European Bank for Reconstruction and Development and is a key project of Serbia's energy transformation and hydropower renovation plan, aimed at improving efficiency, safety, and renewable energy generation capacity.Editor/Gong Ziwei

• 2026.04.02 17:56
• [Iran denies any damage to its strength and says it will fight until the enemy surrenders]
• On April 2nd local time, a spokesperson for Iran's Hatam Abia Central Command stated that the United States and Israel do not have complete control over Iran's military strength, and the war will continue until the enemy surrenders, warning that more destructive strikes will be launched. On April 1st, Trump claimed a quick and decisive victory in the Iran conflict, stating that Iran's combat capabilities had been greatly weakened.Editor/Gong Ziwei