Teslarati

APRIL 26, 2022

Lucid Group announced today that it had reached an agreement with the Government of Saudi Arabia to purchase up to 100,000 electric vehicles from the automaker over ten years. The deal will start with an initial commitment of at least 50,000 vehicles with the option to purchase 50,000 additional cars over the same period.

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Saudi Arabia Fleet Sustainable Transportation United States 73

Teslarati

MAY 18, 2022

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. billion in aggregate over the next 15 years to build the facility in Saudi Arabia, it said. Lucid Group will receive up to $3.4

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Saudi Arabia Manufacturer Financing Climate Change 68

Teslarati

MARCH 1, 2022

Lucid announced that its first international plant will be located in Saudi Arabia. The Arizona-based EV manufacturer estimates that its plant in Saudi Arabia could increase Lucid’s value by up to $3.4 Lucid chose KAEC as the location of its international plant in Saudi Arabia. Credit: Lucid Motors).

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Green Car Congress

JUNE 10, 2021

Hydrogen will help to meet society’s need for sustainable transportation, especially for heavy-duty vehicles where hydrogen excels compared to other technologies. The hydrogen liquefaction facility will play a critical role in the developing hydrogen economy across Western Canada.

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