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	<title>Jim DeLuca Archives - International Finance</title>
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		<title>Saudi EV startup Ceer unveils Exobot line-up with Tron-inspired design</title>
		<link>https://internationalfinance.com/transport/saudi-ev-startup-ceer-unveils-exobot-line-up-with-tron-inspired-design/#utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=saudi-ev-startup-ceer-unveils-exobot-line-up-with-tron-inspired-design</link>
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		<dc:creator><![CDATA[International Finance Business Desk]]></dc:creator>
		<pubDate>Wed, 23 Sep 2026 01:00:49 +0000</pubDate>
				<category><![CDATA[Featured]]></category>
		<category><![CDATA[Transport]]></category>
		<category><![CDATA[Ceer]]></category>
		<category><![CDATA[Exobot]]></category>
		<category><![CDATA[Exobot Electric Vehicle]]></category>
		<category><![CDATA[Exobot EV]]></category>
		<category><![CDATA[Exobot Sedan]]></category>
		<category><![CDATA[Exobot SUV]]></category>
		<category><![CDATA[Foxconn]]></category>
		<category><![CDATA[Jim DeLuca]]></category>
		<category><![CDATA[PIF]]></category>
		<category><![CDATA[Public Investment Fund]]></category>
		<category><![CDATA[Tron]]></category>
		<category><![CDATA[Vision 2030]]></category>
		<guid isPermaLink="false">https://internationalfinance.com/?p=58338</guid>

					<description><![CDATA[<p>Ceer is a joint venture between Saudi Arabia's sovereign wealth fund, the PIF, and Taiwanese electronics manufacturer Foxconn</p>
<p>The post <a href="https://internationalfinance.com/transport/saudi-ev-startup-ceer-unveils-exobot-line-up-with-tron-inspired-design/">Saudi EV startup Ceer unveils Exobot line-up with Tron-inspired design</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Saudi automobile startup Ceer has made public its first two fully electric vehicle models, while stating that it will launch five more ‌models by 2030 as part of the Kingdom&#8217;s goal to create a viable auto industry to curb the Gulf major&#8217;s dependence on oil.</p>
<p>Called Exobot, the futuristic premium electric sedan and SUV will start sales in the Kingdom in early 2027.</p>
<p>The cars have arrived with the looks heavily inspired by the sci-fi thriller &#8220;Tron.&#8221;</p>
<p>Both the sedan and SUV versions of the Exobot possess &#8220;gullwing&#8221; doors that open upward.</p>
<p>&#8220;Ceer has also removed the pillars normally found between a car&#8217;s front and rear seats and relies instead on high-strength materials to provide structural support,&#8221; CEO Jim DeLuca said.</p>
<p>&#8220;We ⁠wanted to make sure the world could see what Saudi Arabia is capable of,&#8221; he added further.</p>
<p>Ceer&#8217;s arrival in the global automotive scene also coincides with the industry&#8217;s biggest course correction, in which Chinese automakers, armed with feature-laden yet cost-effective cars, are creating their positions around the world, challenging established ecosystems like the ones in Germany, Japan, and the rest.</p>
<p>Ceer is a joint venture between Saudi Arabia&#8217;s sovereign wealth fund, the Public Investment Fund (PIF), and Taiwanese contract electronics manufacturer Foxconn.</p>
<p>While the Kingdom&#8217;s energy wealth is there to back up the company&#8217;s R&amp;D efforts, the Saudi economy in 2026 has been facing logistics and inflationary problems due to the Iran war.</p>
<p>The sedan version of the vehicle has an estimated range of 670 km, while the charging time will take some 30 minutes to reach the 80% threshold. Acceleration speed (reaching 0-100 km/h) will take 2.6 seconds, with a maximum horsepower of 850 hp.</p>
<p><img fetchpriority="high" decoding="async" class="size-full wp-image-58340 alignright" src="https://internationalfinance.com/wp-content/uploads/2026/09/ifm-suv-version-of-the-exobot.webp" alt="SUV version of the Exobot" width="440" height="320" srcset="https://internationalfinance.com/wp-content/uploads/2026/09/ifm-suv-version-of-the-exobot.webp 440w, https://internationalfinance.com/wp-content/uploads/2026/09/ifm-suv-version-of-the-exobot-300x218.webp 300w" sizes="(max-width: 440px) 100vw, 440px" />The SUV variant will have an estimated range of 560km, while the acceleration to 100km/h will take 2.9 seconds. Horsepower and charging time will remain like the sedan version.</p>
<p>Talking about Saudi Arabia&#8217;s efforts to become an automotive major, the Kingdom tried to host a Jaguar Land Rover factory on its soil in the last decade, which ultimately got ‌abandoned.</p>
<p>Toyota declined a similar deal in 2019, citing high labour costs and a lack of local suppliers.</p>
<p>Taking lessons from those failures, Ceer has taken a broader approach, leaning on global partners, apart from building up a local network to keep the supply of spare parts flowing.</p>
<p>Foxconn has provided the electrical architecture for the Exobots, while German premium automaker BMW acted as the engineering brain.</p>
<p>&#8220;Originally set up as a pure EV maker, Ceer&#8217;s full lineup will include plug-in hybrids and combustion-engine models to react to shifting market demand,&#8221; DeLuca said.</p>
<p>Following the Exobot&#8217;s launch, Ceer will launch five mainstream models between 2028 ⁠and 2030.</p>
<p>Ceer will also be customizing its vehicles to meet regulatory and customer requirements set at various automobile hubs.</p>
<p>As per DeLuca, the company aims to expand carefully through 2034. It will first target its neighbouring Gulf and North African markets, followed by global expansion.</p>
<p>&#8220;We want to make sure we move very methodically. It only takes one mistake and you can kill a startup,&#8221; DeLuca told Reuters.</p>
<p><small><strong>Image Courtesy: Ceer</strong></small></p>
<p>The post <a href="https://internationalfinance.com/transport/saudi-ev-startup-ceer-unveils-exobot-line-up-with-tron-inspired-design/">Saudi EV startup Ceer unveils Exobot line-up with Tron-inspired design</a> appeared first on <a href="https://internationalfinance.com">International Finance</a>.</p>
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