[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

Click to see more live >>

• 2026.08.03 16:17
• [Türkiye and Iraq Sign Crude Oil Transportation Agreement]
• Türkiye and Iraq signed an agreement on August 1 to ensure that crude oil will continue to be transported through the Kirkuk Ceyhan oil pipeline from Iraq to Türkiye. This agreement was signed on the same day by Türkiye National Petroleum Pipeline Company, Iraq's state-owned oil company - National Petroleum Marketing Organization and Northern Petroleum Company in Ankara, Türkiye's capital, for a period of one year.Editor/Gong Ziwei

• 2026.08.03 16:12
• [Grid connected power generation of CGN Ningde offshore photovoltaic project]
• On July 31, 2026, CGN Ningde 200 MW offshore photovoltaic project will be fully connected to the grid for power generation. This project is one of the first offshore photovoltaic projects in Fujian Province and also the first nuclear photovoltaic offshore photovoltaic project of CGN. It has important demonstration significance for promoting the green transformation of local energy structure, building a new energy system, and helping the region to build zero carbon demonstration parks.Editor/Gong Ziwei