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Saudi Arabia’s Ceer Unveils First Domestic EVs
Ceer unveiled Saudi Arabia's first domestic EVs, the Exobot sedan and SUV with up to 1,111 hp, on September 21-22, 2026 at its King Abdullah Economic City complex.
Auto · 18 sources · Sep 22, 2026Read itThe journal
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About Public Investment Fund
The Public Investment Fund is the sovereign wealth fund of Saudi Arabia. It is among the largest sovereign wealth funds in the world with total estimated assets of US$900 billion. It was created in 1971 for the purpose of investing funds on behalf of the government of Saudi Arabia. The wealth fund has Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler since 2015, as its chairman.
Everything about Public Investment Fund →- Country
- Saudi Arabia
- Headquarters
- Riyadh
- Inception
- August 17, 1971
- Website
- https://pif.gov.sa

