Skycar's self-developed extended-program technical route, fully self-developed car networking system based on Android system, the industrial strength of the whole founding team and the influence of founder Zhang Hailiang in the automobile industry chain have won the favor of many Saudi capitals, which also makes Saudi investors choose Skycar, a representative of "mixed ownership" in China's new forces, as a partner again after Lucid and CEER. This landmark joint venture signing indicates that Skycar will rely on the financial strength of Saudi investors, not only effectively solve the financing shortcomings, but also officially open the sea plan to the Middle East, Europe and the United States by virtue of the relationship between Saudi customs and trade agreements, helping Skycar to become bigger and stronger.
It is reported that Skycar has established a joint venture company with Saudi local Sumou Holdings, investing about 500 million US dollars in Saudi Arabia in two phases, setting up a new energy vehicle manufacturing and R&D base, with an annual output of about 654.38+million new energy vehicles, giving full play to Saudi Arabia's financial advantages, geographical advantages and policy supporting advantages, and expanding the influence of China's new energy vehicle brand in Saudi Arabia and surrounding areas. In addition, Skycar is also cooperating with Saudi sovereign funds and Aramco. The completion of this new energy vehicle production base will be China's first brand new energy base in Saudi Arabia.
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