Human Horizons and Saudi Arabia’s Ministry of Investment to establish JV for automotive research
Both the parties have signed $10 billion worth of investment agreements, spanning more than 30 deals across an array of sectors
According to a Saudi Press Agency report June 13, Human Horizons, a Chinese developer of autonomous driving technology and electric car manufacturer — under the brand HiPhi — and Saudi Arabia’s Ministry of Investment has signed a $5.6 billion agreement to establish a joint venture for automotive research manufacturing and distribution.
Thank you for visiting S&P Global AutoTechInsight.
*A subscription to News & Analysis includes four S&P Global-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Domains. Please click here to subscribe.
To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.
Already a subscriber? Please log in here
