Ceer signs SAR5.5 billion supply agreements with 11 partners in Saudi Arabia

Ceer, Saudi Arabia's first EV brand, announced 11 new partnerships worth SAR5.5 billion (approximately $1.5 billion) at the PIF Public Sector Forum. Over 80% of the agreements are with Saudi companies to supply vehicle components and charging equipment.

“These partnerships are crucial not only for a thriving automotive industry but also for creating future jobs and driving economic growth in the Kingdom.”spa.gov.sa

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• spa.gov.saCeer Signs SAR5.5 Billion Agreements, Over 80% with Saudi Companies to Supply Ceer with Vehicle Components and Charging EquipmentFeb 13, 2025

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