[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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• 2026.04.23 14:45
• [The first large-scale AIDC park green power direct connection project in China has landed!]
• Recently, Shuangdeng Co., Ltd. successfully won the bid for Jiangtian Data's 120MW/240MWh AIDC energy storage project. This project is the first large-scale AIDC park in China to integrate "green power direct connection, source grid load storage" energy storage, marking the official entry of China's AIDC industry into a new stage of "dual wheel drive of computing power and energy".Editor/Yang Meiling

• 2026.04.23 14:44
• [Kazakhstan's Ministry of Energy Responds to Rumors of 'Friendship' Pipeline Blockade]
• According to the Ministry of Energy, Kazakhstan has not received any official notification from Russia regarding restrictions on the transit transportation of Kazakh crude oil through the "Atyrau Samara Friendship Pipeline" route. According to unofficial sources, due to the limited technical capabilities of the Russian side, the crude oil transportation work on this route may not be able to be carried out temporarily from May 1st this year. The Ministry of Energy stated that it is expected that the transit transportation of crude oil in Kazakhstan will resume after the relevant technical faults are resolved.Editor/Yang Meiling