Saudi Arabia Unveils First Electric Sire Vehicle
National "SIR" Company, headed by Crown Prince Mohammed bin Salman, has launched the "ExoBot" electric car, available in two versions: sedan and four-wheel drive. This launch is part of seven models the company plans to introduce over the next five years. The announcement represents a strategic step to support Saudi Arabia's Vision 2030, aiming to develop an advanced industrial sector based on technology and national expertise. The company expects these new models to contribute over 30 billion riyals to the local GDP by 2034 and to improve the trade balance by approximately 80 billion riyals, while creating specialized jobs. The vehicle has been designed locally with international specifications and is manufactured within the "SIR" industrial complex in King Abdullah Economic City, as part of Saudi Arabia’s efforts to strengthen its presence in the global electric vehicle industry.
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