# 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.

- Type: Contract
- Announced: 2025-02-13
- Where: Riyadh, Saudi Arabia
- Value: $1.50B (5.50B SAR)
- Status: announced
- Products: vehicle components, charging equipment
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ceer](https://endata.com/companies/30631.md)
- [Public Investment Fund](https://endata.com/companies/47932.md) (partner)

## Sources

- [spa.gov.sa](https://www.spa.gov.sa/N2261410), 2025-02-13: "These partnerships are crucial not only for a thriving automotive industry but also for creating future jobs and driving economic growth in the Kingdom."

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