Elon Musk has announced a major expansion of his business ventures into Saudi Arabia, confirming the approval of SpaceX’s Starlink satellite internet service for aviation and maritime use, and sharing plans to introduce Tesla’s Robotaxi […]
Tesla is set to make its official debut in the Kingdom of Saudi Arabia, marking another major milestone in its global expansion. According to a post from the official Tesla Europe & Middle East account […]
Lucid has joined the ‘Made in Saudi’ program. Announced by the Saudi Ministry of Industry and Mineral Resources, Lucid’s inclusion in the program makes it the first automaker to receive the ‘Saudi Made’ certification. This […]
Lucid opened its second manufacturing facility, AMP-2, in Saudi Arabia in September. In the more than two months since its opening the factory has assembled nearly 800 cars, all of which had already been built […]
Lucid is about to join the league of American automakers with factories abroad, as its Saudi Arabian production center will go live next month. This is a breath of fresh air for the EV startup, beset […]
Saudi Arabia can’t get enough of Lucid as it has put more money into the EV startup. The middle-eastern kingdom increased its investment by 9% in the last quarter, as revealed by SEC filings. The […]
Lucid stock has seen a massive 48 per cent rise and counting as a report is circling that the Saudi Arabia Public Investment Fund is preparing a takeover. StreetInsider issued a watch on the stock, […]
Tesla CEO Elon Musk has been put on the witness stand again in the ongoing fraud trial concerning plans to take the company private. Musk is being sued by some investors over his allegedly false claim […]
Only days after Lucid started deliveries in Europe, the company made its first deliveries in Saudi Arabia. The automaker held a ceremony at their first store in the Middle East in Saudi Arabia’s capital of […]
The EV industry often brings together multiple players through collaboration. Saudi Arabia and Foxconn are the latest, pairing up for an investment in electric cars. Lucid Motors committed to Saudi Arabia manufacturing facility as part […]
