[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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• 2026.07.23 11:55
• [China's electric vehicle production capacity accounts for nearly 75% of the global total]
• On July 21, 2026, the Australian Broadcasting Corporation reported that China's electric vehicle industry, with its long-term strategic layout, continuous technological innovation, and complete industrial chain advantages, has been at the forefront of the world's electric vehicle revolution. China is currently the undisputed leader in the global electric vehicle industry, producing nearly 75% of the world's electric vehicles. China's advantages are not only reflected in the production field, but also in the leading position in various links of the electric vehicle industry chain.Editor/Gong Ziwei

• 2026.07.23 11:52
• [The world's first photovoltaic ship dual fuel roll on/roll off ship delivered]
• On July 21, 2026, CSSC Guangchuan International, in collaboration with CSSC Trading, successfully delivered 10800 LNG dual fuel vehicle transport ships to South Korean Ocean Commercial Company through online remote signing. This is the fourth 10000 vehicle class automobile transport ship delivered by China, and also the world's first 10000 vehicle class automobile transport ship equipped with a photovoltaic power generation system.Editor/Gong Ziwei