Energy, Oil & Gas

Sabic explores collaboration with CEER on EV materials, technology

RIYADH
Sabic explores collaboration with CEER on EV materials, technology

Sabic has signed a Memorandum of Understanding (MoU) with CEER, Saudi Arabia’s first electric vehicle (EV) brand and original equipment manufacturer, to explore collaboration opportunities in advanced materials and solutions for EV development and manufacturing.

The agreement aims to evaluate the use of Sabic’s innovative materials in CEER vehicle applications, while jointly developing material and processing solutions to meet industry requirements. It also includes knowledge sharing in sustainability and technology, as well as exploring strategic sourcing opportunities to support a locally developed EV supply chain aligned with global standards.

The MoU was signed at Sabic’s headquarters in Riyadh, with Sabic CEO and Executive Board Member Dr Faisal Alfaqeer and CEER CEO James DeLuca attending the ceremony.

The companies said the partnership could help advance Saudi Arabia’s emerging electric vehicle sector by combining Sabic’s materials expertise with CEER’s vehicle development capabilities.

Dr Al-Faqeer said: “The memorandum represents a strategic collaboration which leverages Sabic’s global expertise in advanced material solutions for the electric vehicle industry. Through this partnership, we aim to accelerate innovation, enhance local content and build an integrated national supply chain that enhances global competitiveness. This collaboration also reflects our shared commitment to contribute to Saudi Vision 2030 and the National Industrial Strategy, empowering national talent, and strengthening Saudi Arabia’s position as a regional hub for future industries and technologies.”

James DeLuca, CEER CEO, said: “This strategic collaboration with Sabic marks a significant step in CEER’s journey toward designing, engineering and manufacturing a world-class electric vehicle right here in the Kingdom of Saudi Arabia. In order to develop next-generation electric vehicles with leading safety and efficiency performance, we are partnering with global prominent companies that share our commitment to innovation. By integrating Sabic’s materials and deep technical expertise into our vehicles, we are building a robust and reliable local supply chain while enhancing CEER’s rule as a key player in the Kingdom’s transformation into sustainable advanced hub for mobility and technology, in alignment with the goals of Saudi Vision 2030.” -OGN/TradeArabia News Service