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Crown Prince Mohammed bin Salman of Saudi Arabia launched the company "Ser National Vehicles" and unveiled its first edition of "ExoBote" cars, aimed at strengthening Saudi Arabia's position in the electric vehicle industry. This step is part of the Kingdom's Vision 2030 to develop an advanced industrial sector. It is expected that the company will contribute more than $8 billion to the GDP and create both direct and indirect jobs by 2034. The vehicles are manufactured locally at King Salman Complex within King Abdullah Economic City and feature designs inspired by Saudi culture, with variations to meet different market needs. This initiative reflects Saudi Arabia's efforts to develop its automotive industry, increase its GDP, and bolster the national economy.
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