[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
The renovation and upgrading project of Qingquan Parking Area on Gansu G30 Lianhuo Expressway is accelerating construction and is scheduled to be put into operation in the second half of 2027. The project is based on the Silk Road corridor in the Hexi Corridor, creating a near zero carbon dual sided comprehensive service area, laying out wind and solar energy storage and charging facilities, promoting the integration of transportation and tourism, and setting a new benchmark for the construction of high-speed service areas in Gansu. Editor/Min Jing
AIKO Solar has signed a contract with African renewable energy company Infinity Power to supply 773.5MW high-efficiency ABC modules for three utility photovoltaic projects in South Africa. The total amount of cooperation between the two parties in Africa has exceeded 2GW. After the project is put into operation, it will generate 1871GWh of electricity annually, which can meet the electricity needs of 456000 households and reduce carbon emissions by about 1.7 million tons annually. Editor/Min Jing