Sunday, September 24, 2023
  • About Us
  • Contact Us
  • Privacy Policy
  • Disclaimer
Burj News
  • Home
  • Latest
  • World
    • Asia
    • Europe
    • Africa
    • America
  • Pakistan
    • National
  • News
  • Politics
  • Business
  • Sports
    • Cricket
  • Entertainment
  • Blogs
    • Culture
    • Opinion
    • Lifestyle
  • Urdu
No Result
View All Result
Burj News
  • Home
  • Latest
  • World
    • Asia
    • Europe
    • Africa
    • America
  • Pakistan
    • National
  • News
  • Politics
  • Business
  • Sports
    • Cricket
  • Entertainment
  • Blogs
    • Culture
    • Opinion
    • Lifestyle
  • Urdu
No Result
View All Result
Burj News
No Result
View All Result
Home World

Saudi Crown Prince Mohammed bin Salman Launches his Electric vehicles Brand

Web Desk by Web Desk
November 5, 2022
in World, Tech
0
Saudi Crown Prince Mohammed bin Salman Launches his Electric vehicles Brand

Saudi Crown Prince Mohammed bin Salman Launches his Electric vehicles Brand

493
SHARES
1.4k
VIEWS
Share on FacebookShare on Twitter

Saudi Arabia’s crown prince Mohammed bin Salman has launched the first Saudi electric vehicle brand that will be expected to be available in 2025.

According to Saudi Press Agency Electric Vehicle company Ceer will attract over $150 million of foreign direct investment and is projected to directly contribute $8 billion to the kingdom’s GDP by 2034.

Related posts

Russian President Putin vows to take strict action against ‘Armed mutiny’ after Wagner Group launches Rebels

Russian President Putin vows to take strict action against ‘Armed mutiny’ after Wagner Group launches Rebels

June 24, 2023
"Just because You Took longer than Others doesn't Mean you Failed, I Started KFC at 65" : KFC Founder Colonel Sanders

“Just because You Took longer than Others doesn’t Mean you Failed, I Started KFC at 65” : KFC Founder Colonel Sanders

June 23, 2023

The launch comes in line with Saudi PIF’s strategy to focus on unlocking the capabilities of promising sectors locally that can help drive the diversification of the economy, to help achieve the objectives of Vision 2030, the Saudi Press Agency reported.

Saudia Arabia's first Ev Vehicle Brand
Saudia Arabia’s first Ev Vehicle Brand

In addition, the company will contribute to Saudi Arabia’s efforts towards carbon emissions reduction and driving sustainability to address the impact of climate change, SPA said.

Ceer is the first Saudi automotive brand to produce electric vehicles in Saudi Arabia. It said it will design, manufacture and sell a range of cars for consumers in Saudi Arabia and the MENA region, including sedans and sports utility vehicles.

As part of PIF’s strategy to diversify Saudi Arabia’s GDP growth by investing in promising growth industries, Ceer will attract over $150 million of foreign direct investment, and create up to 30,000 direct and indirect jobs. Ceer is projected to directly contribute $8 billion to Saudi Arabia’s GDP by 2034, the news agency added.

The company, which is a joint venture between PIF and Hon Hai Precision Industry Co. (“Foxconn”), will license component technology from BMW for use in the vehicle development process. Foxconn will develop the electrical architecture of the vehicles, resulting in a portfolio of products that will lead in the areas of infotainment, connectivity, and autonomous driving technologies.

Each vehicle will be designed and manufactured in Saudi Arabia and tested to the highest global automotive quality control and safety standards.

Tags: burj newsCrown Prince Mohammed bin SalmanElectric CarsSaudi ArabiaSaudi AuthoritiesSaudi Government
Previous Post

Amber Heard’s Twitter account ‘Disappears’ as her Ex Boyfriend Elon Musk takes over Twitter

Next Post

England Beat Sri Lanka by 4 wickets to Qualify for the Semi-Finals of the T20 World Cup 2022

Next Post
England Beat Sri Lanka by 4 wickets to Qualify for the Semi-Finals of T20 World Cup 2022

England Beat Sri Lanka by 4 wickets to Qualify for the Semi-Finals of the T20 World Cup 2022

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

Hamid Mir makes shocking revelations about Former Chief Gen Qamar Javed Bajwa

Gen Bajwa had a plan of Giving Up Kashmir to India, claims Hamid Mir

5 months ago
Cricket Fan dies of Cardiac Arrest during Pakistan & India Nail-Biting World Cup Match

Cricket Fan dies of Cardiac Arrest during Pakistan & India Nail-Biting World Cup Match

11 months ago
Pakistan Cricket Team Cheif Selector going to make some serious changings in the team before T20 World Cup

Pakistan Cricket Team Chief Selector going to make some serious changings in the team before T20 World Cup

1 year ago
Imran Khan urges PTI workers to show solidarity with judiciary by holding Rallies across the country

Imran Khan urges PTI workers to show solidarity with judiciary by holding Rallies across the country

5 months ago

BROWSE BY CATEGORIES

  • America
  • Asia
  • Blogs
  • Business
  • Cricket
  • Culture
  • Education
  • Entertainment
  • Europe
  • Health
  • Latest
  • Lifestyle
  • National
  • News
  • Opinion
  • Pakistan
  • Politics
  • Science
  • Sports
  • Tech
  • Travel
  • Uncategorized
  • Weather
  • World

POPULAR NEWS

  • Cristiano Ronaldo's Children beaten by School Mates in Saudi Arabia

    Cristiano Ronaldo’s Children beaten by School Mates in Saudi Arabia

    12020 shares
    Share 4808 Tweet 3005
  • Dani Daniels respond to Twitter after Bazid Khan mistakenly called her during the live cricket match

    1643 shares
    Share 657 Tweet 411
  • Punjab Government likely to extend School’s winter vacations for one more week

    797 shares
    Share 319 Tweet 199
  • Actor Feroze Khan files Defamation case against ten leading celebrities of Pakistan

    754 shares
    Share 302 Tweet 189
  • Actress Sajal Aly responds to Social media rumors alleged by Maj (r) Adil Raja

    634 shares
    Share 254 Tweet 159
Logo-2

Burj News is the 21st Century Most Popular Internet News , Which Provide you the Most Authentic and Viral And Reliable News.

Follow us on social media:

Recent News

  • Met department issued Alert amid Pre-monsoon Rains
  • Gentleman Cadet Omar Mustafa from PMA 149 Long Course Embraced Shahadat during Military Training
  • Russian President Putin vows to take strict action against ‘Armed mutiny’ after Wagner Group launches Rebels

Category

  • America
  • Asia
  • Blogs
  • Business
  • Cricket
  • Culture
  • Education
  • Entertainment
  • Europe
  • Health
  • Latest
  • Lifestyle
  • National
  • News
  • Opinion
  • Pakistan
  • Politics
  • Science
  • Sports
  • Tech
  • Travel
  • Uncategorized
  • Weather
  • World

Contact

Office 4026
182-184 High Street North
East Ham , London , UK

Phone: +447418 344879

Office No 27 Satellite Town Quetta,
Quetta, Balochistan, Pakistan
Phone: 0812441251

Email: info@burjnews.com

  • About Us
  • Corrections Policy
  • People
  • Ethics Policy
  • Fact-Checking Policy
  • Ownership & Funding Info

© 2022 Burj News - All Right Reserved

No Result
View All Result
  • Home
  • Latest
  • World
    • Asia
    • Europe
    • Africa
    • America
  • Pakistan
    • National
  • News
  • Politics
  • Business
  • Sports
    • Cricket
  • Entertainment
  • Blogs
    • Culture
    • Opinion
    • Lifestyle
  • Urdu

© 2022 Burj News - All Right Reserved