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The Crown Prince's Authority, headed by Prince Mohammed bin Salman, has launched the company's first Saudi cars under the name "ExoBot," as a strategic step to support Saudi Vision 2030 and develop the automotive industry in the kingdom. The "ExoBot" vehicles are designed and manufactured locally with global quality standards, aiming to enhance the Kingdom's position in the regional and global automotive industry. The company is expected to contribute more than 30 billion Saudi riyals (8 billion USD) to the GDP and create specialized jobs by 2034. This initiative is part of the Public Investment Fund's efforts to develop the national automotive industry ecosystem and attract investments.
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