Overview

Setting up a manufacturing and assembly plant for Permanent Magnet Motors (PMM) for Electric (EV) and Hybrid  Vehicles in the Kingdom of Saudi Arabia (KSA)

Opportunity Highlights:

• Expected investment size: USD 25.5 – 28.6 Mn
• Proposed plant capacity: ~135,000 units
• Expected project IRR: 11.4% – 14.7%
• Expected payback period: 8.03- 9.04 years