{"id":89233,"date":"2025-02-14T00:00:00","date_gmt":"2025-02-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/"},"modified":"2025-02-14T00:00:00","modified_gmt":"2025-02-14T00:00:00","slug":"ceer-signs-agreements-worth-sar-5-5-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/","title":{"rendered":"Ceer signs agreements worth SAR 5.5 bn"},"content":{"rendered":"

<\/strong>Ceer<\/strong> inks <\/strong>11 supply partnership agreements worth SAR bns: <\/strong>Saudi Arabia\u2019s first electric vehicle brand Ceer<\/a> has signed 11 agreements worth SAR 5.5 bn (USD 1.5 bn) at the PIF Public Sector Forum with mostly Saudi companies as part of a localization strategy, according to a press release<\/a> from Wednesday. <\/p>\n

What <\/strong>we know:<\/strong> Ceer will source HVAC systems from Zamil Central Air Conditioners, plastic injected parts from Zamil Plastic Industrial Company, and alloy wheels from Obeikan Glass Company and Abdul Latif Jameel Enterprises. Other supply agreements include portable EV chargers from Saudi Company for Controls and Maintenance, blow parts from Arabian Plastic Industrial, small stampings from First Telecom Industries, and aluminum casting from Saudi Aluminum Casting Company. Ceer will also localize aluminum forged parts with CTR. <\/p>\n

A push for localization: <\/strong>Ceer is hoping to design, engineer, manufacture, and sell some of Saudi Arabia\u2019s first EVs<\/a> by 2026, and it awarded a SAR 5 bn (USD 1.3 bn) construction contract for its plant to local contractor Modern Building Leaders. The company partnered<\/a> with Saudi EV infrastructure firm EVIQ last October to install and expand the country\u2019s EV charging infrastructure. Ceer is looking to source over 40% of its raw materials locally<\/a> during its initial stage of operations. <\/p>\n

Other partnerships in play:<\/strong> Strategic partners include Foxconn, BMW, Siemens, Rimac<\/a>, Hyundai Transys<\/a>, Sabelt, King Salman Automotive Cluster, Schuler, and D\u00fcrr, while partnerships targeting localization were signed with Lear, Forvia, Shinyoung, Benteler, JVIS, and Pirelli. <\/p>\n

\n

EV CHARGING UPDATES FROM SAUDI-<\/p>\n

Eviq<\/strong> + Riyadh <\/strong>Development to expand EV charging network in Saudi:<\/strong> The Electric Vehicle Infrastructure Company (Eviq) \u2014 a JV between the PIF and Saudi Electric Company \u2014 has inked an MoU with Riyadh Development Company to develop EV charging stations across the latter\u2019s properties in Riyadh, according to a statement<\/a> released on Thursday. Eviq \u2014 which opened its first fast EV charging stations in Riyadh last year \u2014 plans to set up over 5k fast chargers<\/a> in some 1k locations across Saudi cities by 2030.<\/p>\n","protected":false},"excerpt":{"rendered":"

The company aims to source over 40% of its raw materials locally<\/p>\n","protected":false},"author":1,"featured_media":89234,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[103],"tags":[357,40,102,11,64,360,159],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-89233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-electric-vehicles","tag-ceer","tag-egypt","tag-electric-vehicles","tag-enterpriseclimate","tag-evs","tag-infinity","tag-saudi-arabia","wpautop","entry"],"acf":{"mongo_id":"cf90ccd6-7f78-494f-be32-9df930508ede","order":"3","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/2\/1370.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Ceer signs agreements worth SAR 5.5 bn","related_issue":[89228],"teaser":"The company aims to source over 40% of its raw materials locally","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/2\/.eed233a1-4c17-4980-b10a-948af24dadfa.mp3"},"yoast_head":"\nCeer signs agreements worth SAR 5.5 bn - Climate<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ceer signs agreements worth SAR 5.5 bn\" \/>\n<meta property=\"og:description\" content=\"The company aims to source over 40% of its raw materials locally\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"Climate\" \/>\n<meta property=\"article:published_time\" content=\"2025-02-14T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1370.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Ceer signs agreements worth SAR 5.5 bn\",\"datePublished\":\"2025-02-14T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/\"},\"wordCount\":329,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1370.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Ceer\",\"Egypt\",\"ELECTRIC VEHICLES\",\"EnterpriseClimate\",\"EVs\",\"Infinity\",\"Saudi Arabia\"],\"articleSection\":[\"ELECTRIC VEHICLES\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/\",\"name\":\"Ceer signs agreements worth SAR 5.5 bn - Climate\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1370.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-02-14T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1370.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1370.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/climate\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Ceer signs agreements worth SAR 5.5 bn\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#website\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"name\":\"Climate\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#organization\",\"name\":\"Climate\",\"url\":\"https:\/\/enterpriseam.com\/climate\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/25470.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/25470.svg\",\"caption\":\"Climate\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Ceer signs agreements worth SAR 5.5 bn - Climate","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/","og_locale":"en_US","og_type":"article","og_title":"Ceer signs agreements worth SAR 5.5 bn","og_description":"The company aims to source over 40% of its raw materials locally","og_url":"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/","og_site_name":"Climate","article_published_time":"2025-02-14T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1370.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Ceer signs agreements worth SAR 5.5 bn","datePublished":"2025-02-14T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/"},"wordCount":329,"publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1370.jpg?fit=%2C&ssl=1","keywords":["Ceer","Egypt","ELECTRIC VEHICLES","EnterpriseClimate","EVs","Infinity","Saudi Arabia"],"articleSection":["ELECTRIC VEHICLES"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/","url":"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/","name":"Ceer signs agreements worth SAR 5.5 bn - Climate","isPartOf":{"@id":"https:\/\/enterpriseam.com\/climate\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1370.jpg?fit=%2C&ssl=1","datePublished":"2025-02-14T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1370.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1370.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/climate\/2025\/02\/14\/ceer-signs-agreements-worth-sar-5-5-bn\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/climate\/"},{"@type":"ListItem","position":2,"name":"Ceer signs agreements worth SAR 5.5 bn"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/climate\/#website","url":"https:\/\/enterpriseam.com\/climate\/","name":"Climate","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/climate\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/climate\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/climate\/#organization","name":"Climate","url":"https:\/\/enterpriseam.com\/climate\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/25470.svg","contentUrl":"https:\/\/ent.news\/internal\/25470.svg","caption":"Climate"},"image":{"@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/climate\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1370.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1370.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/climate\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/2\/1370.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"jetpack_shortlink":"https:\/\/wp.me\/pgVl2y-ndf","_links":{"self":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/89233","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/comments?post=89233"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/posts\/89233\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/issue\/89228"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media\/89234"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/media?parent=89233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/categories?post=89233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/tags?post=89233"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/brand?post=89233"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/climate\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=89233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}