Lucid Motors to expand Saudi presence, scouting retail locations

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Sat, 2021-01-02 09:53

CHICAGO: Lucid Motors, the Californian electric vehicle (EV) carmaker part-owned by Saudi Arabia’s Public Investment Fund (PIF), is scouting out locations for retail sales outlets in the Kingdom, CEO Peter Rawlinson told Arab News.

The cutting-edge manufacturer of high-end EVs broke ground on a manufacturing center in Arizona last year and is due to start full production on its first vehicles in spring 2021.

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