Lucid signs agreement with Saudi Arabia for 155k unit capacity manufacturing facility

Lucid Group announced today that it has signed a contract with several Saudi Arabian government agencies that locks in plans for a production facility with an annual capacity of 155,000 units. Lucid announced it had officially signed agreements with the Ministry of Investment of Saudi Arabia (“MISA”), the Saudi Industrial Development Fund (“SIDF”), Emaar, The Economic … Continue reading Lucid signs agreement with Saudi Arabia for 155k unit capacity manufacturing facility