RYET Signs MOU with Changan Anyi and Intersect for Saudi NEV Institute
RYET announced it signed a memorandum of understanding with Chongqing Anyi Automobile Technical Service Co., Ltd. and Intersect related to a Saudi NEV (new energy vehicle) institute. The announcement was made on Sept. 10, 2026.
Why it matters — The MOU signals potential expansion into the automotive/NEV sector and new international partnerships for RYET in Saudi Arabia.