Electric carmaker Lucid Motors plans to build an EV plant in Saudi Arabia

Corporate developments

Lucid Motors has planned a ramp up to achieve a production capacity of up to 90,000 EVs per year by the end of 2023

Electric carmaker Lucid Motors is planning to set up an EV plant in Saudi Arabia by 2025-2026 and is in the process of negotiating details with the ministries in the kingdom, according to a report published by Bloomberg Quint on 13 January 2022.

Thank you for visiting IHS Markit AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload