Saudi Basic Industries Corporation (SABIC) announced the signing of a memorandum of understanding with Ceer, the first Saudi brand for electric vehicle manufacturing, to explore cooperation opportunities in using advanced materials and innovative solutions produced by SABIC in the design, development, and manufacturing of Ceer's electric vehicles.

The memorandum aims to assess opportunities for using SABIC's advanced materials in automotive applications, develop materials and manufacturing solutions that meet production needs, in addition to exchanging expertise and information related to sustainability and technology to support product development and engineering at Ceer.

The potential areas of cooperation also include exploring strategic supply opportunities and building a local supply chain with global standards for the electric vehicle sector in the Kingdom, while discussing additional areas of joint collaboration between the two parties.

An engineer from Ceer (company website)

The memorandum was signed at SABIC's headquarters in Riyadh by the company's CEO Dr. Faisal Al-Faqeer and Ceer's CEO James DeLuca.

Al-Faqeer said that the collaboration leverages SABIC's global expertise in advanced material solutions for the electric vehicle industry, and contributes to accelerating innovation, enhancing local content, and building an integrated national supply chain that supports the sector's global competitiveness, in line with the targets of Saudi Vision 2030 and the National Industrial Strategy.

For his part, DeLuca said that the collaboration represents an important step in Ceer's journey to design, engineer, and manufacture world-class electric vehicles within the Kingdom, noting that integrating the advanced materials and technical expertise owned by SABIC will support building a strong local supply chain and contribute to developing the mobility and advanced technologies sector in Saudi Arabia.

SABIC is one of the world's leading producers of advanced materials used in the electric vehicle industry, while Ceer is working on developing an integrated and sustainable local ecosystem for electric vehicle manufacturing in the Kingdom, enhancing the sector's competitiveness and accelerating the transition towards electric mobility.