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. LucidMotors announces deal with Government of Saudi Arabia for purchase of up to 100,000 vehicles over a ten-year period.
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 Credit: Lucid Motors). Lucid chose KAEC as the location of its international plant in Saudi Arabia.
Green Car Congress
JUNE 27, 2019
Hyundai Motor Company signed a memorandum of understanding (MOU) with Saudi Arabian Oil Company (Saudi Aramco). In turn, the company has made important steps toward a hydrogen society lead by its commitment to sustainable transportation, as part of its FCEV Vision 2030.
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