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المدينة
Source: المدينة
24 Hrsالمدينة
Source: المدينة
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The Local Content and Government Procurement Authority in the Kingdom signed two agreements with "Sir National Cars" to foster the localization of electric vehicle manufacturing and knowledge transfer in Saudi Arabia. The agreements aim to produce electric cars in the sedan and SUV categories domestically, with a focus on launching the first Saudi electric vehicle designed, engineered, and manufactured locally. This project is expected to enhance local content, generate an economic impact estimated at 9.2 billion Riyals on the gross domestic product over ten years, and create more than 2,600 jobs, including 80% of which are direct Saudi jobs. This step aligns with Saudi Arabia's Vision 2030 to strengthen strategic industries and develop national industrial capabilities.
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