Saudi Arabia’s Ceer, KAUST Partner for Breakthroughs in Smart Mobility

Ceer, Saudi Arabia’s first electric vehicle (EV) brand
Ceer, Saudi Arabia’s first electric vehicle (EV) brand
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Saudi Arabia’s Ceer, KAUST Partner for Breakthroughs in Smart Mobility

Ceer, Saudi Arabia’s first electric vehicle (EV) brand
Ceer, Saudi Arabia’s first electric vehicle (EV) brand

Ceer, Saudi Arabia’s first electric vehicle (EV) brand, and King Abdullah University of Science and Technology (KAUST), a leading graduate research institution, are partnering to research, develop and innovate for breakthroughs in smart mobility.

The agreement covers a host of areas, including connectivity and autonomous driving, and is in line with KAUST’s new strategy to transform research into economically productive innovations in sectors such as sustainable energy.

By working together, Ceer’s technical experts and KAUST’s researchers will advance technologies and find groundbreaking solutions that can be implemented as global firsts in Saudi Arabia, with applications for Ceer’s electric vehicles.

Ceer and KAUST Innovation will work together to develop an automotive vertical in support of Saudi-based, technology-focused SMEs and the Kingdom’s growing automotive manufacturing industry; promote economic diversification; and create jobs.

As part of efforts to enhance cooperation and foster knowledge exchange, Ceer and KAUST will share facilities for the purpose of conducting seminars, conferences, research and development and other collaborative activities.

“Our strategy is built on our ambition to contribute to both Saudi Vision 2030 and the country’s research, development and innovation priorities,” said KAUST President Dr. Tony Chan. “We want to transform groundbreaking research in smart mobility into concepts that can be used by the electric vehicle industry and in Ceer’s own EVs. By joining with Ceer, we can co-develop new ideas and applications that will help reduce emissions, make our vehicles safer and smarter, and ultimately help diversify Saudi Arabia’s economy.”

“I am excited about the opportunity to partner with KAUST to co-create next-gen technologies for our made-in-Saudi electric vehicles,” said Ceer CEO James DeLuca. “Together, we will accelerate research in the automotive industry to create innovations here in the Kingdom while creating more high-value jobs for young nationals to further diversify the Saudi economy.”



Trump Says TikTok Sale Deal to Come before Saturday Deadline

The TikTok app logo is seen in this illustration taken, August 22, 2022. (Reuters)
The TikTok app logo is seen in this illustration taken, August 22, 2022. (Reuters)
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Trump Says TikTok Sale Deal to Come before Saturday Deadline

The TikTok app logo is seen in this illustration taken, August 22, 2022. (Reuters)
The TikTok app logo is seen in this illustration taken, August 22, 2022. (Reuters)

President Donald Trump said a deal with TikTok's Chinese parent ByteDance to sell the short video app used by 170 million Americans would be struck before a deadline on Saturday.

Trump set the April 5 deadline in January for TikTok to find a non-Chinese buyer or face a US ban on national security grounds due to have taken effect that month under a 2024 law.

"We have a lot of potential buyers," Trump told reporters on Air Force One late on Sunday. "There's tremendous interest in Tiktok," adding, "I'd like to see Tiktok remain alive."

TikTok did not immediately comment.

Reuters reported on Friday private equity firm Blackstone is evaluating making a small minority investment in TikTok's US operations, according to two people familiar with the matter.

Blackstone is discussing joining ByteDance's existing non-Chinese shareholders, led by Susquehanna International Group and General Atlantic, in contributing fresh capital to bid for TikTok's US business. The group has emerged as front-runners.

Washington says TikTok's ownership by ByteDance makes it beholden to the Chinese government and Beijing could use the app to conduct influence operations against the United States and collect data on Americans.

Trump previously said he was willing to extend the April deadline if an agreement over the social media app was not reached.

Last week, he acknowledged the role China will play in getting any deal done, including giving its approval, saying "maybe I'll give them a little reduction in tariffs or something to get it done."

Vice President JD Vance has said he expects the general terms of an agreement resolving the ownership of the social media platform to be reached by April 5.

The future of the app used by nearly half of all Americans has been up in the air since a 2024 law, passed with overwhelming bipartisan support, required ByteDance to divest TikTok by January 19.

The White House has been involved to an unprecedented level in the closely watched deal talks, effectively playing the role of investment bank.