[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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• 2026.08.04 16:04
• [China's nuclear power installed capacity jumps to the world's first place]
• At present, there are 120 nuclear power units in operation and under construction approved in Chinese Mainland, with an installed capacity of 135 million kilowatts, ranking first in the world in terms of total scale. Among them, there are 62 operating units and 58 approved under construction units. According to the "15th Five Year Plan for Carbon Peak Action", the target for the installed capacity of nuclear power operation by 2030 is about 110 million kilowatts. Nuclear power has the advantages of low carbon, high energy density, and stable power supply, which will balance power growth and carbon reduction needs, ensure energy supply, and support a high proportion of new energy grid connection.Editor/Gong Ziwei

• 2026.08.04 15:21
• [Tianjin power grid load exceeds 20 million kilowatts for the first time]
• On August 3, 2026, the maximum load of Tianjin power grid climbed to 20.949 million kilowatts, breaking through the 20 million kilowatt mark for the first time, an increase of 1.579 million kilowatts from the highest load of 19.37 million kilowatts last year, a year-on-year increase of 8.15%. Editor/Cheng Liting