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Lucid Motors is helping oil-rich Saudi Arabia go electric in its ambitious plan to become a carmaking powerhouse

Tue, 02/14/2023 - 10:42

Photo of Lucid Motors car in front of Lucid power plant and manufacturing car 4x3 — Lucid Motors aims to produce 150,000 cars a year in Saudi Arabia in 2025.
Lucid Motors; Reuters; Rachel Mendelson/Insider

Markets, MI Exclusive, Commodities, Saudi Arabia, lucid, Lucid Group, Oil

Lucid spikes 98% on speculation Saudi investment fund may buy out remaining stake in the EV maker

Fri, 01/27/2023 - 16:04

Lucid Air — Lucid Air
Lucid Motors

Markets, MI Exclusive, Lucid Group, LCID stock price, Public Investment Fund of Saudi Arabia, PIF, Saudi PIF

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