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┬áSaudi 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