Saudi Arabia Signs $5.6 Billion EV Deal With China ...Middle East

Saudi Arabia has signed an agreement worth $5.6 billion with China’s electric vehicle maker Human Horizons to design and manufacture EVs, the Saudi state news agency reports.   The signing of the agreement took place on the first day of the 10th Arab-China Business Conference, which Saudi Arabia hosts. The value of the EV deal accounts for just over half of the agreements of a combined $10 billion (37.5 billion Saudi riyals) signed on Sunday across several sectors, including technology, renewables, agriculture, real estate, minerals,…

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