SABIC, a diversified chemicals company, has signed a memorandum of understanding with Ceer, the first Saudi brand for automotive manufacturing and original technology equipment, to explore potential collaboration opportunities in the use of advanced materials and innovative solutions in the design, development, and manufacturing of electric vehicles, and to evaluate mutually beneficial business opportunities, according to a statement today.

The memorandum of understanding was signed at SABIC's headquarters in Riyadh, attended by Dr. Faisal bin Mohammed Al-Faqeer, CEO of SABIC and Executive Member of the Board of Directors, and Engineer James DeLuca, CEO of Ceer.

Sat, 18 2026

Exploring Strategic Supply Opportunities

The memorandum of understanding serves as a general framework for discussing the development and innovation of solutions and products by evaluating opportunities to use advanced materials produced by SABIC in certain automotive applications manufactured by Ceer, developing materials and processing solutions to meet manufacturing needs, and exchanging information and expertise related to sustainability and technology to support Ceer's goals in engineering and product development.

The memorandum also aims to discuss potential collaboration opportunities by exploring strategic supply opportunities, identifying and following up on additional areas of cooperation, ensuring the construction of a local supply chain with global standards for the nascent electric vehicle industry in Saudi Arabia, in addition to identifying and pursuing additional areas of joint cooperation agreed upon by both parties.

Leveraging SABIC's Expertise in Advanced Material Solutions

Dr. Faisal Al-Faqeer said: "This memorandum represents a step towards strategic cooperation that leverages SABIC's global expertise in advanced material solutions for the electric vehicle industry. Through this collaboration, we look forward to accelerating innovation, enhancing local content, and building an integrated national supply chain that supports the sector's global competitiveness."

Tue, 21 2026

Developing the Next Generation of Electric Vehicles

For his part, CEO of Ceer, James DeLuca, said: "This strategic collaboration with SABIC represents a pivotal step in Ceer's journey towards designing, engineering, and manufacturing world-class electric vehicles here in Saudi Arabia. To develop the next generation of electric vehicles that lead in efficiency, safety, and performance, we are partnering with leading global companies that share our commitment to innovation."

He added: "By integrating the advanced materials and deep technical expertise of SABIC into our vehicles, we are building a strong and reliable local supply chain, while simultaneously positioning Ceer at the forefront of contributors to Saudi Arabia's transformation into a sustainable and advanced hub for mobility and advanced technologies, in line with the targets of Saudi Vision 2030."

SABIC's materials and solutions enhance sustainable growth in the global automotive industry, enabling manufacturers to develop the electric vehicle industry and accelerate progress towards a sustainable, carbon-free future, especially amid the rapid changes in this promising industry.