[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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• 2026.07.01 09:57
• [Romania's 700MWh energy storage has been finalized]
• Romanian power giant Electrica announced that it has obtained 17 grid connected energy storage projects with a total capacity of 700MWh. China's energy storage industry chain welcomes new opportunities for going global.Editor/Gao Xue

• 2026.07.01 09:55
• [China firmly ranks in the top tier of clean energy]
• On June 24, 2026, at the Clean Energy Chain Conference of the Chain Expo, it was pointed out that China's energy industry has steadily ranked among the top tier of global clean energy, and the supporting facilities and equipment of the entire chain have achieved phased results.Editor/Gao Xue