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BMW for Russians: A new car brand has been created in Saudi Arabia

  • November 7, 2022
  • 0

Saudi Arabia announced the creation of the country’s first car brand. The cars of the new brand will be composed of old BMWs. Moreover, natives intend to supply

BMW for Russians: A new car brand has been created in Saudi Arabia

Saudi Arabia announced the creation of the country’s first car brand. The cars of the new brand will be composed of old BMWs. Moreover, natives intend to supply their products to different markets. Russia will certainly not refuse a curious “bonus”.

Relations between Russia and Saudi Arabia are heating up before our eyes. No wonder, because it is extremely important to coordinate actions with our country to balance the world’s oil markets and the stability of interests, even if lately it is not the consumers, but at least oil producers.

Crown Prince of Saudi Arabia Mohammed bin Salman said the kingdom’s first car brand, called Ceer, will not only produce eco-friendly electric cars but also integrate them into a global ecosystem. And not in different markets. According to him, the first products will please consumers in 2025.

It is worth noting that CEER is a project of Saudi Arabia’s Sovereign Wealth Fund in collaboration with well-known Taiwanese electronics manufacturer Foxconn. Licensed components and equipment from German BMW will be used to assemble the vehicles. What will come of this – we will soon find out.

Relations between Russia and Saudi Arabia are heating up before our eyes. No wonder, because it is extremely important to coordinate actions with our country to balance the world’s oil markets and the stability of interests, even if lately it is not the consumers, but at least oil producers.

Crown Prince of Saudi Arabia Mohammed bin Salman said the kingdom’s first car brand, called Ceer, will not only produce eco-friendly electric cars but also integrate them into a global ecosystem. And not in different markets. According to him, the first products will please consumers in 2025.

It is worth noting that CEER is a project of Saudi Arabia’s Sovereign Wealth Fund in collaboration with well-known Taiwanese electronics manufacturer Foxconn. Licensed components and equipment from German BMW will be used to assemble the vehicles. What will come of this – we will soon find out.

Source: Avto Vzglyad

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