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Lucid Motors

PIF-backed Lucid to export Saudi-made EVs regionally, globally, official reveals

PIF-backed Lucid to export Saudi-made EVs regionally, globally, official reveals

  • Initiative supports Kingdom’s ambition to convert 30% of Riyadh’s vehicles to electric by 2030
  • Goal is part of a larger strategy to reduce emissions in Riyadh by 50% by 2060
By Reem Walid - MANAL AL-BARAKATI ·
US electric carmaker Lucid Group secures $1.5bn from PIF 

US electric carmaker Lucid Group secures $1.5bn from PIF 

By ARAB NEWS  ·
Lucid to receive $1bn from PIF affiliate via new stock

Lucid to receive $1bn from PIF affiliate via new stock

By Arab News ·

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