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Lucid Group Expands to Saudi Arabia with New EV Plant

Saudi Arabia's strategic move to boost its electric vehicle sector

by Huda Marshad
October 19, 2024
in Industry
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Lucid Group, a leading electric vehicle manufacturer, has inaugurated its first international production facility in Jeddah, Saudi Arabia. This development aligns with the nation’s strategic initiative to enhance its electric vehicle industry.

The company previously announced its intention to establish this plant in Jeddah. Additionally, Saudi Arabia has committed to purchasing up to 100,000 vehicles from Lucid over the next decade.

In a related move, Saudi Arabia introduced its own electric car brand, Ceer, in 2022. Meanwhile, Tesla is reportedly in preliminary talks to set up a manufacturing facility in the country.

Tags: Electric VehiclesEV ManufacturingLucid GroupSaudi ArabiaTesla
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