[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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  • 2026.07.06 11:18
  • [Guangzhou Metro Secures HCMC Metro Line 6 Consulting Bid]
  • Guangzhou Metro and two Vietnamese companies have won the feasibility study and design consulting contract for the first phase of Ho Chi Minh City Metro Line 6, with an amount equivalent to 11.98 million US dollars. This is the third subway project they have won locally. The consortium will take 270 days to complete the preliminary core work such as line planning and TOD development research.Editor/Min Jing
  • 2026.07.06 11:15
  • [Pre-qualification Opens for China-Thailand High-Speed Rail Track & E&M Works]
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