[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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  • 2026.09.10 15:54
  • [Cangzhou Mingzhu South China Base starts construction in Zengcheng, Guangzhou]
  • On September 8, 2026, the Cangzhou Mingzhu South China Base officially started construction in Xiancun Town, Zengcheng, Guangzhou. The total investment of the project is 3.38 billion yuan, expected to be completed in September 2028. It focuses on 5 μ m high-end wet process lithium battery separators and high-end PE pipelines, deeply embedded in the energy storage supply chains of CATL and BYD. Guangzhou State owned Assets will promote the implementation of projects within six months of taking over. After production, the company's total wet diaphragm production capacity will reach 4.19 billion square meters, and the company's revenue and net profit in the first half of 2026 will increase by nearly 60% year-on-year.Editor/Cheng Liting
  • 2026.09.10 15:50
  • [Gansu Shule River Flower Sea Irrigation Area Renovation Project to Start in 2026]
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