Saudi Arabia’s electric vehicle maker Ceer has announced a major expansion of its domestic supply chain, signing 16 commercial agreements worth more than USD 1 bln.
The agreements support Ceer’s localization strategy, which targets sourcing 45pct of vehicle materials and components from Saudi-based suppliers by 2034. The partnerships cover a wide range of components, from chemical products to heavy steel body shop equipment, aimed at strengthening a sustainable and high-tech industrial base within the Kingdom.
Among the key contracts, Italian engineering firm Mino will supply and install steel body shop infrastructure, including automated systems used to manufacture vehicle body structures. Other agreements include Abdul Latif Jameel for washer fluids, EV coolants and forklifts; Zamil Trade & Services and Zamil Plastics for brake fluids and aerodynamic access covers; FPI for front-end modules; NSSPC for polymer compounds; MK Tron for D-segment stampings; Sika for chemical components such as structural adhesives; and XYG for automotive glazing solutions. Additional memoranda of understanding were signed to localize production of components including expanded polypropylene, HVAC systems, window regulators and door hinges.
Ceer, Saudi Arabia’s first EV brand, was launched in 2022 as a joint venture between the Public Investment Fund and Foxconn. The company plans to design and manufacture electric sedans and SUVs for the MENA region.
