[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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• 2026.08.12 11:28
• [CRCC Secures 1.66B Yuan New Energy Contracts Across Three Northwest Provinces]
• CRCC has won three EPC general contracting projects, including Gansu Independent Energy Storage, Ningxia Mountain Wind Power, and Shanxi Flywheel Hybrid Energy Storage, with a total amount exceeding 1.66 billion yuan. The project serves the peak shaving and consumption of the three power grids respectively, providing solid support for the construction of new regional power systems. Editor/Min Jing

• 2026.08.12 11:27
• [Main Structure of Nanning Aggregate Mine Control Building Topped Out]
• On August 5, 2026, the office control building of the Nanning Granite Aggregate Mining Project, constructed by CR1G, completed its topping out. The project has an annual output of 2 million tons of aggregate and a comprehensive utilization rate of over 95%. The team overcame multiple difficulties such as typhoons and high temperatures during the flood season, and will accelerate the construction of the main mining project to help ensure the supply of local sand and gravel. Editor/Min Jing