Saudi Arabia to purchase 100,000 EVs from Lucid Group over 10 years
Lucid will begin delivering about 1,000 to 2,000 EVs annually starting from second quarter 2023 and will increase the volumes to between 4,000 and 7,000 vehicles per year starting in 2025
US-based electric vehicle (EV) maker Lucid Group has signed an agreement with the Government of Saudi Arabia, under which the government will purchase up to 100,000 vehicles over a 10-year period, the company said on 26 April 2022.
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