[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
Recently, four stations including Hulan North Station of Harbin-Yichun High-speed Railway entered the stage of joint commissioning and test. This high-speed railway is the highest latitude line under construction in China, and after its opening, the travel time from Harbin to Yichun will be shortened to less than 2 hours.Editor/Gao Xue
Recently, China Construction Eighth Engineering Group Co., Ltd. and China Construction Third Engineering Group Co., Ltd. won the bid for two sections of the China Datang Xiong'an Headquarters project for 1.64 billion yuan and 1.76 billion yuan respectively, with a total amount of approximately 3.4 billion yuan.Editor/Gao Xue