[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
European natural gas prices continued to rise on October 28th, with the Dutch Transfer of Ownership (TTF) natural gas November futures price, which serves as the benchmark price for European natural gas, breaking through 100 euros per megawatt hour during intraday trading, marking the first time since December 2022. Editor/Cheng Liting
On October 29, 2026, the latest data released by the National Energy Administration showed that in September, 326 million green certificates were issued, a decrease of 8.01% compared to the previous month, involving 4.3971 million renewable energy power generation projects. Editor/Cheng Liting