# Shinyoung to supply body parts to Saudi EV brand Ceer

Shinyoung signed a contract to supply mold and jig body parts to Ceer, Saudi Arabia's first electric vehicle brand. The deal includes an initial order worth 143.7 billion won for three models and a second order of 497.1 billion won for five models. Shinyoung will build a factory in King Abdulla Economic City, with mass production starting in October 2026.

- Type: Contract
- Announced: 2024-07-08
- Where: King Abdulla Economic City, Saudi Arabia
- Status: announced
- Products: mold and jig body parts for electric vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Shinyoung Co., Ltd.](https://endata.com/companies/75779.md)
- [Ceer](https://endata.com/companies/30631.md) (customer)

## Sources

- [mk.co.kr](https://www.mk.co.kr/en/business/11061991), 2024-07-08: "Shinyoung plans to start construction of a factory in the central and western Saudi Arabia's King Abdulla Economic City next month and start mass production in October 2026."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.