[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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• 2026.09.03 15:39
• [The Yellow River Cyclone Artificial Diamond Project is launched in Emin]
• On August 30, 2026, the Yellow River Cyclone project with an annual output of 450 million carats of synthetic diamonds was launched in Emin County, Tacheng, Xinjiang. The project covers an area of 107.88 acres, with a first phase investment of 300 million yuan, equipped with 60 six sided top press machines, and relying on local green power advantages to promote industrial green transformation. Our products cover the fields of industrial cutting tools and diamond cultivation, while also laying out semiconductor and AI computing power cooling tracks to fill the gap in the local superhard material industry. We plan to start trial production in December. Editor/Cheng Liting

• 2026.09.03 15:39
• [Inner Mongolia Energy Group launches wind power project]
• Five wind power projects of Inner Mongolia Energy Group have recently been launched, with a total installed capacity of 2.25 million kilowatts, covering multiple areas such as Erlian and Siziwang Banner. The project customizes unit selection based on wind resource conditions, with the Erlian project using 35kV high-voltage direct hanging units to optimize grid access friendliness. After the completion of the project, the annual power generation will be 5.61 billion kilowatt hours, saving about 1.69 million tons of standard coal and reducing carbon dioxide emissions by about 5 million tons, which will greatly enhance the regional clean energy supply capacity. Editor/Cheng Liting