[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
On April 22, 2026, the import and export volume of Friendship Port to ASEAN in the first quarter was 160.48 billion yuan, a year-on-year increase of 22.7%. The import of durian reached 55000 tons, a sharp increase of 3.5 times, and the export of automobiles surged by 2.1 times.Editor/Gao Xue
In April 2026, China Railway Joint Venture won the bid for Ho Chi Minh City Subway Line 2, China Construction won the first bid for the UAE high-speed railway, CITIC won the Dubai landmark, and Chinese enterprises won multiple projects in Southeast Asia, the Middle East, and Africa.Editor/Gao Xue