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