# Saudi Arabia seeks to build car industry with Ceer’s launch of two EVs

https://mins.news/en/item/68025

- Ars Technica, 2026-09-21 20:55 UTC
- Economy
- Original: https://arstechnica.com/cars/2026/09/saudi-arabia-wants-a-car-industry-launches-ceer-with-two-evs/

> Saudi Arabia has launched Ceer, its first home-grown automaker, as a joint venture between the Public Investment Fund and Foxconn. The company presented its Exobot sedan and SUV and plans to offer seven new vehicles by 2030, supporting the Kingdom’s effort to diversify beyond oil and develop technology locally.

## Related coverage

- [Saudi Arabia’s new Exobot EVs make the Cybertruck look normal](https://mins.news/en/item/69566) — The Verge, 2026-09-22
- [Saudi’s Ceer unveils first EVs in bid to build regional auto powerhouse](https://mins.news/en/item/68046) — Reuters, 2026-09-21