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Renault-backed EV start-up BeyonCa signs preliminary Saudi investment deal – South China Morning Post

Renault-backed EV start-up BeyonCa signs preliminary Saudi investment deal – South China Morning Post

Renault-backed Chinese EV start-up BeyonCa signs preliminary Saudi investment deal with an eye on Middle East market Chinese electric vehicle (EV) start-up BeyonCa has set its sights on the Middle East with the signing of a preliminary investment deal with Riyadh-based Al Faisaliah Group (AFG) that is expected to help raise fresh funds and fuel growth.The Beijing-based carmaker, which is backed by French automobiles manufacturer Renault and China’s Dongfeng Motor, said on Monday that the agreement signed last week would… 

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