Uber to invest $300m in Lucid amid plans to launch over 20,000 robotaxis in cities around the world
Lucid Group
Latest in Lucid Group
Lucid Air
Saudi Arabia’s Lucid Air sets world record with 1,205km drive on a single charge
Lucid Air Grand Touring sets new Guinness World Record with 1,205km electric drive on a single charge
electric vehicles
Lucid partners with Saudi Arabia’s KAUST to advance EV technology
As part of this cooperation, Lucid will have access to KAUST’s supercomputing capabilities
Automotive
Saudi Arabia announces King Salman Automotive Cluster with $24.5bn target to transform motoring industry in Kingdom
King Salman Automotive Cluster in King Abdullah Economic City will be motoring industry hub in Saudi Arabia
Lucid electric vehicle
Saudi-backed EV maker Lucid expects to raise $1.67bn from stock offering
The company expects to report a loss from operations in the range of $765mn to $790mn for the quarter ended September 30
Electric car
Lucid boss: Saudi Arabia ‘absolutely’ set to be global automotive hub with ‘relentless pursuit of innovation’
Lucid Middle East’s VP and MD speaks to Arabian Business about the all new Jeddah facility, Vision 2030, the launch of its SUV line and more
Electric car
Lucid announces UAE expansion with Dubai showroom, EV prices start at $84,000
Saudi-owned Lucid Group opens second Middle East studio with retail outlet and service centre in Dubai
electric vehicle
Saudi Arabia’s Lucid sees shares jump after record sales
Saudi-backed electric vehicle maker Lucid sees shares climb amid delivery boost
Dubai Airshow
Riyadh Air unveils new-look planes at Dubai Airshow 2023
Riyadh Air is showcasing new livery on its planes and Lucid Air electric vehicles at Dubai Airshow 2023
Electric car
Lucid opens Saudi car manufacturing facility
Lucid plans thousands of jobs in Saudi Arabia amid electric vehicle push
Aston Martin
Saudi-backed Lucid strikes Aston Martin electric car deal
Lucid and Aston Martin will team up to advance iconic supercar maker’s electrification drive
electric carmaker
Saudi wealth fund ‘supportive’ during supply crunch: electric carmaker Lucid
The supply crunch forced the Newark, California-based startup to cut two production targets this year
automotive industry
Construction starts on Lucid’s first electric vehicle factory in Saudi Arabia with investments of $3.4 billion
Once complete, the manufacturing facility will build up to 155,000 electric vehicles, which are initially slated for the Saudi Arabian market, with Middle East regional deliveries of Lucid Air expected to begin later this year
electric carmaker
PIF-backed Lucid announces deal to sell up to 100,000 electric vehicles to Saudi government
The purchase will take place over a 10-year period
electric vehicle
Lucid says to build electric car factory in Saudi Arabia by 2026
Chairman Andrew Liveris says company is in negotiations with ministries in the kingdom
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electric vehicle
Saudi-backed Lucid Group rings Nasdaq bell as it begins trading
Class A common stock and public warrants are listed under the new ticker symbols ‘LCID’ and ‘LCIDW’, respectively