Chinese New Energy Vehicle Manufacturer Enovate to Build EV Factory in Saudi Arabia
13 Dec 2022 | Abstracted from Pandaily
"...establishment of a joint venture with Saudi Arabia's Sumou Holding...Both parties will invest about $500 million in Saudi Arabia to set up a manufacturing and R&D base...planned annual output of about 100,000 EVs."Enovate currently sells two models: an extended-range compact SUV (ME5) starting from 138,800 yuan ($19,886), and the ME7, a pure electric medium-sized SUV starting from 238,800 yuan ($34,212)."
 |
 |
ADDITIONAL RELATED NEWS LINKS
- Volvo And CATL Have Big Plans For Old EV Batteries
- For America, There's No Easy Answer to Chinese EVs
- World First Energy Storage Unit Demonstrates Zero Degradation Over 5 Years
- What China's EV Buyers' Remorse Means For The World
- Exclusive: Tesla Scraps Low-Cost Car Plans Amid Fierce Chinese EV Competition
- Buttigieg Schools Fox News Reporter Upset Biden Is Shoving EVs Down Consumers' Throats'
- China Just Attacked Biden's Electric Vehicle Policy. That's Good For The President
- America's 'In The Slow Lane' On EV Adoption Because It Has A Culture Problem, Study Says
- BYD Says EVs Have Entered The 'Knockout Round' With Next-Gen Tech Rolling Out
- Xiaomi Takes Aim At Tesla In Chinese Auto Market With $29,870 Eectric Car
RSStream
Category:finance
Region:NoAmerica
Date:22 Apr 2024
Category:mobility
Region:Global
Date:22 Apr 2024
Category:mobility
Region:IndoAsia
Date:22 Apr 2024
Category:mobility
Region:Europe
Date:22 Apr 2024
Category:mobility
Region:IndoAsia
Date:22 Apr 2024
Category:finance
Region:NoAmerica
Date:22 Apr 2024
Category:energy
Region:NoAmerica
Date:22 Apr 2024
Category:mobility
Region:NoAmerica
Date:22 Apr 2024
Category:energy
Region:NoAmerica
Date:22 Apr 2024
Category:mobility
Region:NoAmerica
Date:22 Apr 2024