Opening of the first electric car factory in Saudi Arabia?
California-based electric car maker Lucid has opened its first-ever car manufacturing plant in Saudi Arabia, as the kingdom looks to establish itself as a global player in the electric car race.
Lucid Motors
1- Lucid is an honorable example of Saudi Arabia's industry. It is a motivational model that highlights the strength and development of the country's industrial sector. The company was founded on strong foundations through innovation, sustainability and advanced technology.
2- Lucid is characterized by a strategic vision that puts it at the forefront as a leader in its field. The company constantly seeks to achieve excellence and innovation by developing its products and services to meet customer needs and exceed their expectations. It is committed to providing the highest levels of quality and reliability in all its products and dealings.
3- Lucid plays a vital role in supporting the Saudi economy and promoting sustainable development. The company works to encourage innovation and employ local talent to enhance job opportunities and promote economic growth. It relies on effective and innovative management methods to maintain environmental and social sustainability.
4- Lucid is a source of pride for the Kingdom of Saudi Arabia through its excellence in the field of technology and innovation. The superior quality of its products and its ability to keep pace with global developments makes it dazzle the world with its strength and distinction. Lucid is a driving force for progress and growth in the industry of the Kingdom of Saudi Arabia.
The Saudi government also concluded an agreement with Lucid to purchase up to 100,000 cars from the company over a period of 10 years.
Saudi Arabia wants 30% of new car sales in the kingdom to be electric by 2030, and the country has viewed electric cars as a way to boost its manufacturing sector as it faces an inevitable decline in demand for global oil, a source it has long relied on.
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