Ceer
Saudi Arabia's First Electric Vehicle Brand
- Founded
- 2022
- Business Model
- B2C
- Website
- ceermotors.com
- Last Round
- Corporate RoundNov 2022
- Rounds
- 1
About
CEER is Saudi Arabia's first electric vehicle brand, established as a joint venture between Saudi Arabia's Public Investment Fund (PIF) and Foxconn to build a new automotive industry and ecosystem in the Kingdom. Backed as part of Vision 2030, CEER is designing and manufacturing electric vehicles for the Middle East and North Africa region, with a manufacturing facility underway at King Abdullah Economic City (KAEC). The company is led by CEO James DeLuca and partners with global firms including Siemens and Dürr on its digital manufacturing operations.
Summary
Ceer is an Automotive company, founded in 2022. Its most recent funding was a Corporate Round round in Nov 2022. Investors include Public Investment Fund and Foxconn.
Tech & App Stack
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Funding History
Nov 2022
Investors
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