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Saudi Crown Prince Unveils CEER’s First Electric Vehicles
Saudi Arabia has shown two new electric vehicles from a company called CEER.
They are called the Exobot sedan and Exobot SUV.
The vehicles are not yet being made in large numbers.
CEER plans to produce them in Saudi Arabia.
The company expects to launch seven vehicles over the next five years.
The cars are designed to reflect Saudi landscapes and culture.
Saudi leaders hope the project will create jobs and attract investment.
They also want Saudi Arabia to become an important place for making electric vehicles.
The project is part of a larger plan called Saudi Vision 2030.
Saudi Crown Prince Mohammed bin Salman unveiled CEER’s first electric vehicles, the Exobot sedan and Exobot SUV.
The models are the first two vehicles in CEER’s planned seven-car lineup over the next five years.
CEER intends to design, engineer, and manufacture all vehicles in Saudi Arabia at its planned manufacturing complex.
The company says the project supports Saudi Arabia’s industrial diversification and Saudi Vision 2030 goals.
CEER is projected to contribute more than SR30 billion to Saudi Arabia’s GDP by 2034 and create direct and indirect jobs.
- Who
- Saudi Crown Prince and Prime Minister Mohammed bin Salman bin Abdulaziz Al Saud and CEER.
- What
- CEER unveiled its first electric vehicles, the Exobot sedan and Exobot SUV.
- Where
- The vehicles are intended for production at the CEER Manufacturing Complex in King Abdullah Economic City, Saudi Arabia.
- When
- The vehicles were unveiled, but the articles do not provide a specific date; CEER plans seven vehicles over the next five years.
- Why
- The launch supports Saudi Arabia’s industrial diversification, electric-vehicle ambitions, job creation, and Saudi Vision 2030.
Key facts
- Vehicles unveiled
- Exobot sedan and Exobot SUV
- Planned portfolio
- Seven vehicles over the next five years
- Production location
- CEER Manufacturing Complex in King Abdullah Economic City
- Projected economic contribution
- More than SR30 billion, or about USD 8 billion, to Saudi Arabia’s GDP by 2034
- Saudi electric-vehicle target
- 500,000 electric vehicles annually by 2030
- Series production status
- Series production has not yet started
- Industrial partners and projects
- CEER is one of three Public Investment Fund-linked vehicle projects at King Abdullah Economic City, alongside Lucid and a planned Public Investment Fund-Hyundai plant
Quotes
Mohammed bin Salman bin Abdulaziz Al Saud
Saudi Arabia’s Crown Prince and Prime Minister
“The launch of CEER's first vehicles represents another step forward in Saudi Arabia's progression to build a sustainable and prosperous industrial ecosystem. It further enables the automotive sector as a key driver of economic growth, through attracting investments, empowering national talent, and expanding the private sector's role to further position Saudi Arabia to become a leading regional and global hub for this industry.”
NDTV
