[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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• 2026.08.13 15:23
• [Guangzhou MiC Intelligent Construction Demonstration Base starts construction]
• Recently, China Construction Hailong Guangzhou Intelligent Construction Industry Base officially started construction in Baiyun Lake High tech Industrial Park. The project has a net land area of 130 acres and a total construction area of 225300 square meters. After gradually being put into operation in 2027, the annual output value is about 1.4 billion yuan. Editor/Cheng Liting

• 2026.08.13 15:23
• [Inner Mongolia's first new generation coal-fired power pilot starts construction]
• In August 2026, Inner Mongolia Energy Group Baotou Xiguitu Power Generation Phase II 1 × 600000 kW new generation coal-fired power pilot demonstration project officially started construction. The total investment of this project is 2.544 billion yuan, and it is the first unit in the autonomous region to receive national approval for thermal power energy conservation. It is planned to be put into operation in 2028. As the core regulating support power source of Mengxi Power Grid, the project will solve the problem of large-scale wind and solar power consumption and promote the integration of wind, solar, thermal and storage. Editor/Cheng Liting