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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...

An electric car that defeated Tesla; Meet Lucid Air

US-based electric car manufacturer Lucid Motors has crushed market leader Tesla Inc in one of the most important specification for an all-electric car. Range. The...

Saudi Arabia shifted foreign reserves worth $40 billion to PIF

Saudi Arabian finance minister Mohammed Al-Jadaan stated that the kingdom shifted a total of $40 billion from central bank foreign reserves to finance investments...
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