Ceer signs agreements worth SAR 5.5 bn
The company aims to source over 40% of its raw materials locally
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The company aims to source over 40% of its raw materials locally
The factory is set to kick off production in 2Q 2026 will have a local component ratio exceeding 45%
The factory has an initial production capacity of 300 buses per year
The JV plans to build more than 1k charging points over the next five years
The factory is expected to begin production within the next two years
The assembly plant will manufacture two-wheelers, three-wheelers, and four-wheelers, with plans to add electric buses at a later stage
The first batch of Mullen’s vehicles are set to be delivered immediately
Morocco’s factory will have a production capacity of 60k tons of lithium-ion battery anode materials annually
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