[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 >>

• 2026.09.02 15:27
• [China makes significant breakthrough in difficult to select iron ore resources]
• The world's largest difficult to select iron ore magnetization roasting project will be completed and accepted on September 1, 2026. This technology integrates multiple core innovations such as complex mineral directional transformation process, low-temperature reaction process strengthening theory, and particle residence time control method, which can produce iron concentrate products with iron element mass accounting for 65% after processing iron tailings with only 11% iron content. Editor/Cheng Liting

• 2026.09.02 15:26
• [The cumulative transaction volume of Hubei carbon market has exceeded 10 billion yuan]
• As of August 31, 2026, the cumulative trading volume of Hubei carbon market is 425 million tons, with a trading volume of 10.567 billion yuan, both accounting for more than 40% of the national total, making it the first pilot carbon market with a trading volume exceeding 10 billion yuan. Editor/Cheng Liting