11 Jun 2024
Ceer Signs SAR 8.2 billion (USD 2.18 billion) Contract for the Supply of Hyundai Transys’ Advanced Electric Vehicle Drive Systems
RIYADH, 11th June 2024: Ceer, Saudi Arabia’s first electric vehicle (EV) brand and original equipment manufacturer (OEM) has signed a SAR 8.2 billion (USD 2.18 billion) partnership with Hyundai Transys for the supply of innovative Electric Vehicle Drive Systems (EDS) for its vehicles. “This landmark partnership is another step forward in our mission to ignite […]