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Saudi Arabia aims to produce over 300,000 cars a year by...

Saudi Arabia’s Minister of Industry and Mineral Resources Mr. Bandar Alkhorayef has announced that the kingdom is targeting to manufacture more than 300,000 cars...

Saudi Arabia to buy up to 100,000 EVs from Lucid over...

The Government of the Kingdom of Saudi Arabia has entered into an agreement with the American electric vehicle (EV) manufacturer, Lucid to purchase a...

Tesla rival Lucid Motors marks Nasdaq debut; Stock jumps 11%

American electric vehicle (EV) manufacturer Lucid Motors' stock rallied as much as 11 percent on its Nasdaq debut after the luxury EV startup...

US-based Lucid Motors poaches execs from Waymo, Intel ahead of IPO

Saudi Public Investment Fund (PIF)-backed American automotive company Lucid Motors which specializes in electric cars, is strengthening its executive and technical leadership team by...

PIF-backed Lucid Motors to launch Tesla’s model 3 rival by 2025

The chief executive officer of Saudi Arabia’s Public Investment Fund (PIF) backed American luxury electric car maker Lucid Motors said that the company plans...

Saudi PIF-backed Lucid in talks to go public via Klein’s SPAC

Saudi Arabia’s Public Investment Fund (PIF) backed American automotive company Lucid Motors is reportedly approaching an agreement to go public via a merger with...

Lucid Motors in talks to set up EV manufacturing plant in...

Saudi Arabia’s Public Investment Fund (PIF) backed American automotive company Lucid Motors is in negotiations to set up an electric vehicle (EV) plant, probably...

Saudi-backed Lucid Motors debuts 4 Electric Cars

Saudi Arabia’s Public Investment Fund (PIF) backed American automotive company Lucid Motors has revealed production and details of the price of the Lucid Air...
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