- Latest: Welcome to Auto Futures - Mobility News, Features, Exclusives and More...
- Latest: Daimler Trucks Unveils Autonomous Freightliner eCascadia Technology Demonstrator
- Latest: China's NIO & GAC Announce Partnership on EV Charging & Battery Swapping
- Latest: Automobili Pininfarina Unveils Electric Battista Cinquantacinque
- Latest: UK Self-Driving Startup Wayve Raises Over $1 Billion Led by SoftBank
- Latest: Automotive Technology That "Gets Smarter With Every Mile Driven" - Potential CEO
Lucid Group Opens Saudi Arabia’s First-Ever Car Manufacturing Facility
Lucid group Inc. has officially opened the first-ever car manufacturing facility in Saudi Arabia. As Lucid’s second Advanced Manufacturing Plant (AMP-2) and first international plant, the facility will produce Lucid’s electric vehicles (EVs) for Saudi Arabia and export to other markets.
The facility is expected to have an annual capacity of 5,000 cars.
Lucid aims to transition AMP-2 to complete build unit (CBU) production after the middle of the decade, with an additional annual capacity of 150,000 cars.
The facility received significant support from the Ministry of Investment of Saudi Arabia (MISA), the Saudi Industrial Development Fund (SIDF), and the Economic City at King Abdullah Economic City (KAEC).
Through the development of electric transportation, Lucid will support the Saudi Green Initiative’s imperative to ensure 30% of new car sales in the Kingdom are electric by 2030.
Peter Rawlinson, CEO and CTO, Lucid Group, says: “We are delighted to make history today in Saudi Arabia by opening the country’s first car manufacturing facility, which will produce our award-winning electric vehicles and support the country’s vision for a more sustainable and diversified economy. As Saudi charges toward its Vision 2030, our facility will pave the way for the country’s electric automotive industry and the expansion of the supply chain, and with the support of the Saudi Government, we are proud to drive local talent development in the technology industry. We look forward to delivering Saudi-assembled cars to customers in Saudi Arabia and beyond.”
“Today is a proud moment for all of us at Lucid as we play a part in Saudi Arabia’s history and create long-term economic value for the country. Earlier this year, we were thrilled to introduce the first and most advanced electric vehicle, the Lucid Air, to the Saudi Arabia market,” adds Faisal Sultan, Vice President and Managing Director Middle East, Lucid Group. “The opening of our facility today marks the beginning of our production operations to assemble our world class Lucid Air. AMP-2 in KAEC, in addition to our existing AMP-1 facility in Arizona, gives us the ability to efficiently fulfill the recently signed agreement with the government of Saudi Arabia to purchase up to 100,000 vehicles over a ten-year period, with an initial commitment to purchase 50,000 vehicles and an option to purchase up to an additional 50,000 vehicles over the same period.”
Lucid's first car, the Air, is a state-of-the-art luxury sedan with a California-inspired design.