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Crown Prince announces King Salman Automotive Cluster at KAEC


Crown Prince and Prime Minister Mohammed bin Salman has designated “King Salman Automotive Cluster" as the official name of the cluster for automotive manufacturing activities, located within King Abdullah Economic City (KAEC).

King Salman Automotive Cluster will be a major center for the automotive sector and will have headquarters and factories for local and international companies.  Notable companies include Ceer, the first Saudi electric car brand, and Lucid Motors, which opened its first international factory in KAEC in 2023.

The hub will be a crucial step in Saudi Arabia’s economic diversification and will be an enabler for the automotive sector and sustainable transportation, contributing to raising non-oil GDP and increasing exports.

The cluster enhances the automotive sector in Saudi Arabia by accelerating the growth of local capacity in manufacturing and sector-related research and development, and by making supply chains to serve regional and international markets more efficient.

Read the full story at Zawya