SABIC and CEER sign MoU to explore materials collaboration for Saudi EVs
- SABIC and CEER signed an MoU to explore using SABIC's advanced materials in CEER electric vehicle applications.
- The MoU sets a framework to jointly develop material and processing solutions, share sustainability and technology expertise, and evaluate commercial opportunities.
- The agreement aims to build a local supply chain that meets global standards and supports Saudi Vision 2030 and the National Industrial Strategy.
- CEER will integrate SABIC materials and technical expertise to accelerate design, engineering and manufacturing of electric vehicles in the Kingdom.
Deal scope
SABIC and CEER signed a Memorandum of Understanding to explore applying SABIC's advanced materials in the design, development and manufacture of CEER electric vehicles and to evaluate mutually beneficial commercial opportunities and terms of potential collaboration.
Planned collaboration areas
The MoU provides a framework to assess possible use of SABIC's advanced materials in some CEER vehicle applications, jointly develop material and processing solutions that meet industry needs, share knowledge on sustainability and technology, and explore strategic sourcing to build a local supply chain to global standards.
Leadership statements and strategic context
SABIC described the memorandum as a strategic collaboration to accelerate innovation, enhance local content and build an integrated national supply chain that enhances global competitiveness and contributes to Saudi Vision 2030 and the National Industrial Strategy; CEER said integrating SABIC’s materials and technical expertise will help develop next‑generation EVs with leading safety and efficiency while building a robust local supply chain.
Source: SABIC
