[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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• 2026.06.11 10:09
• [Import and export to the Belt and Road increased by 13.6% in the first five months]
• In the first five months of 2026, China's import and export to countries jointly building the the Belt and Road totaled 10.57 trillion yuan, a year-on-year increase of 13.6%. The total value of China's goods trade during the same period was 20.68 trillion yuan, an increase of 15.3%.Editor/Gao Xue

• 2026.06.11 10:05
• [Northeast high latitude solar thermal power station will be put into operation]
• The 100000 kilowatt solar thermal project of CGN Jixi Base has entered the stage of grid connection sprint. This is the first tower type molten salt solar thermal power station in Northeast China and the highest latitude in the world. After being put into operation, it generates 180 million kilowatt hours of electricity annually and reduces carbon dioxide emissions by 130000 tons annually.Editor/Gao Xue