[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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• 2026.07.02 09:48
• [The Pinglu Canal is currently undergoing water supply and commissioning]
• On June 30, 2026, the press conference of the State Council Information Office revealed that the Pinglu Canal has been basically completed and the entire line is open to water. The commissioning of ship locks is being promoted, and landmark water transport projects such as the Three Gorges Water Transport New Channel are accelerating.Editor/Gao Xue

• 2026.07.02 09:46
• [Indian company invites Chinese enterprises to jointly build aluminum factory]
• On June 30, 2026, NALCO in India disclosed a 21.5 billion yuan expansion of a 500000 ton electrolytic aluminum project and plans to invite Chinese enterprises such as Guiyang Institute and China Aluminum to participate in technical cooperation.Editor/Gao Xue