Chinese smart car startup BeyonCa signs MoU with Saudi investor Al Faisaliah 

BeyonCa, a Chinese smart electric car startup backed by Renault Group and Dongfeng Motor Corporation, has signed an MoU with Al Faisaliah Group Holding, a Saudi Arabian investment group, for a strategic partnership, without disclosing the scale of investment. The partnership will cultivate the EV market in the Middle East and explore opportunities for EV development through R&D, manufacturing, trade, retail, charging, insurance and more.