Saudi PIF-backed electric car company Lucid Motors enters Saudi Arabia, UAE markets

Saudi PIF-backed electric car company Lucid Motors enters Saudi Arabia, UAE markets

Lucid Motors, a US-based electric car manufacturer, announced that it would be entering select countries in the Middle East, starting with Saudi Arabia and the UAE.. Customers in the UAE and Saudi Arabia can reserve their Lucid Air sports sedan for around $1,000, with deliveries of the car expected in late 2021..