{"id":584109,"date":"2023-06-13T10:26:07","date_gmt":"2023-06-13T04:56:07","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=584109"},"modified":"2023-06-13T11:54:13","modified_gmt":"2023-06-13T06:24:13","slug":"saudi-arabia-signs-5-6-billion-deal-with-chinese-ev-company-human-horizons","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/saudi-arabia-signs-5-6-billion-deal-with-chinese-ev-company-human-horizons\/","title":{"rendered":"Saudi Arabia signs $5.6 billion deal with Chinese EV company Human Horizons"},"content":{"rendered":"<p>Saudi Arabia&#8217;s ministry of investment has signed a $5.6-billion deal with Chinese electric car maker Human Horizons to collaborate on the development, manufacture and sale of vehicles, the Saudi state news agency said in a statement.<\/p>\n<p>The agreement accounts for more than half of the more than $10 billion in investments signed on the first day of an Arab-China business conference in Riyadh on Sunday, in sectors spanning technology, renewable energy, agriculture, real estate, metals, tourism and healthcare among others.<\/p>\n<p>While the relationship between Saudi Arabia, the world&#8217;s top oil exporter, and China remains anchored by energy ties, there has been a push to boost investments in non-oil sectors as part of the kingdom&#8217;s diversification agenda.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia&#8217;s ministry of investment has signed a $5.6-billion deal with Chinese electric car maker Human Horizons to collaborate on the development, manufacture and sale of vehicles, the Saudi state news agency said in a statement. The agreement accounts for more than half of the more than $10 billion in investments signed on the first day of an Arab-China business conference in Riyadh on Sunday, in sectors spanning technology, renewable energy, agriculture, real estate, metals, tourism and healthcare among others. While the relationship between Saudi Arabia, the world&#8217;s top oil exporter, and China remains anchored by energy ties, there has [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-584109","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/584109","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=584109"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/584109\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=584109"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=584109"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=584109"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}