Saudi Arabia doesn't have much history of car manufacturing, but the nation plans to launch an EV brand with help from BMW and Foxconn. Called Ceer, the brand is a joint venture between the Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, and Apple iPhone contract manufacturer Foxconn, and will license components from BMW... Saudi Arabia launches EV brand with Foxconn, using BMW components
Saudi Arabia doesn't have much history of car manufacturing, but the nation plans to launch an EV brand with help from BMW and Foxconn. Called Ceer, the brand is a joint venture between the Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, and Apple iPhone contract manufacturer Foxconn, and will license components from BMW...