[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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• 2026.09.18 17:28
• [Zijin Mining Approved to Offer Guarantee for TAZARA Revitalisation Project]
• The board of directors of Zijin Mining has approved a guarantee of 348 million yuan, and the Tanzan Railway Activation Project plans to apply for a total loan of 6.9608 billion yuan. The project company has not yet started actual operations, and the guarantee has been implemented to promote the financing process. Some projects have already started in the early stage of the project. Editor/Min Jing

• 2026.09.18 17:25
• [China-Mongolia Power Grid Realizes First Network-To-Network Interconnection]
• On September 16, 2026, the China Mongolia power grid officially achieved cross-border interconnection between networks, and the project was included in the construction list of the China Mongolia Russia Economic Corridor. Both sides have overcome multiple technical challenges to ensure the electricity supply for Mongolia's industrial and mining sectors as well as people's livelihoods. They will also promote cross-border green power transactions and deepen energy cooperation between the two countries. Editor/Min Jing