1. Saudi startup Ceer unveils first two EVs; plans five more models by 2030

Saudi startup Ceer unveils first two EVs; plans five more models by 2030

World

  • Saudi Arabia's EV startup Ceer unveiled its first two models, the Exobot sedan and SUV, on Monday.
  • The vehicles feature "gullwing" doors and no central pillars, relying on high-strength materials for support instead.
  • Ceer, backed by Saudi's PIF and Foxconn, aims to launch five more mainstream models between 2028 and 2030.
  • CEO Jim DeLuca said Ceer will expand cautiously, moving into regional markets by 2028 and MENA through 2034.

Source: reuters.com

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