Wednesday, September 23, 2026
Crown Prince Mohammed bin Salman Launches CEER EXOBOT Electrical Automobiles
Crown Prince and Prime Minister Mohammed bin Salman, who can also be chairman of the Public Funding Fund (PIF), launched the EXOBOT sedan and SUV on Monday. Trending: Saudi Arabia and Pakistan Signal New Visa-Free Journey Settlement
The launch is a crucial milestone in Saudi Arabia’s efforts to construct a complicated automotive business, broaden its industrial base and develop a sustainable industrial ecosystem.
Commenting on the launch, Crown Prince Mohammed bin Salman mentioned the primary CEER automobiles symbolize one other step in Saudi Arabia’s progress towards constructing a sustainable and affluent industrial ecosystem.
He mentioned the automotive sector can turn into an necessary driver of financial development by attracting investments, creating nationwide expertise and rising the position of the personal sector.
The Crown Prince additionally highlighted Saudi Arabia’s ambition to turn into a number one regional and international hub for the automotive business.
CEER Plans Seven Automobile Fashions
The EXOBOT sedan and SUV are the primary two automobiles in a deliberate portfolio of seven CEER fashions that the corporate intends to launch over the following 5 years.
The deliberate automobile lineup will embrace midsize and compact fashions with totally different propulsion choices. This vary is designed to satisfy the wants of various prospects. Most Seen: Saudi Ministry Warns Employers of Fines, Jail and Deportation Over Unlawful Expats
Automobiles to Be Made in Saudi Arabia
The EXOBOT automobiles will likely be manufactured on the CEER Manufacturing Complicated (CMC).
The power is described as the most important automotive manufacturing facility within the Center East and probably the most technologically superior automotive manufacturing amenities on the planet.
Their design is impressed by the Kingdom’s panorama and tradition whereas additionally reflecting Saudi Arabia’s future ambitions.
The automobiles have been developed in response to international requirements as Saudi Arabia works to ascertain itself as a rising drive within the worldwide automotive business.
CEER Anticipated to Enhance Saudi Economic system
CEER can also be anticipated to make a big contribution to Saudi Arabia’s financial system.
By 2034, the corporate is projected to contribute greater than SR30 billion ($8 billion) to Saudi Arabia’s gross home product (GDP).
CEER can also be projected to contribute greater than SR80 billion ($21 billion) towards enhancing the Kingdom’s commerce stability.
The corporate is predicted to create each direct and oblique high quality jobs because the Saudi automotive business expands. Learn: Saudi Arabia Restarts East-West Pipeline, Yanbu Oil Exports Set to Resume
PIF Launched CEER in 2022
The Public Funding Fund launched CEER in 2022 as Saudi Arabia’s first automotive model.
CEER was established to assist develop the Kingdom’s nationwide industrial ecosystem, entice investments, create alternatives for the personal sector and enhance the automotive sector’s contribution to Saudi Arabia’s GDP.
The EXOBOT sedan and SUV are Saudi Arabia’s foray into a brand new period of those ambitions, because it seems to develop a aggressive automotive sector and widen its footprint within the international automobile market.
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| Crown Prince Mohammed bin Salman Launches CEER EXOBOT Electrical Automobiles |
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