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Lucid opens EV factory in Saudi Arabia, home of its largest shareholder

  • TechCrunch faviconTechCrunch

    By Kirsten KorosecSep 27, 2023, 11:25 am186 pts
    photo of Lucid opens EV factory in Saudi Arabia, home of its largest shareholder imageLuxury EV maker Lucid Group has opened its first international factory in Saudi Arabia, the home of its largest shareholder. The factory, located in Jeddah, will have initial capacity to assemble 5,000 Lucid vehicles annually, according to the company. Lucid said it plans to expand the facility to…
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