Subscribe
Manufacturing

Lucid in talks for EV factory in Saudi Arabia, report says

Lucid Air rear quarter
EL
By:
ED LUDLOW and MATTHEW MARTIN
B
By:
Bloomberg
|
January 07, 2021 05:21 PM

Lucid Motors Inc. is in talks with Saudi Arabia’s sovereign wealth fund to build an electric vehicle factory potentially near the Red Sea city of Jeddah, according to people familiar with the matter.

Featured Stories

Trump floats exceptions for auto parts facing 25% U.S. tariffs
Trump floats exceptions for auto parts facing 25% U.S. tariffs
Average advertised price of vehicles back above $50,000 as tariff reality sets in, discounts wane
Average advertised price of vehicles back above $50,000 as tariff reality sets in, discounts wane
Who are the auto winners from Trump’s tariffs? It’s not that simple
Who are the auto winners from Trump’s tariffs? It’s not that simple
Tariffs could push up new-vehicle prices, testing limits of affordability
Tariffs could push up new-vehicle prices, testing limits of affordability

Latest News

Daily 5 report for April 14: Is anyone benefiting from tariffs?
Mini charts course to mainstream market with bigger, practical Countryman
Live updates on tariffs: Trump considers auto parts exemptions
Trump floats exceptions for auto parts facing 25% U.S. tariffs
Staying current is easy with newsletters delivered straight to your inbox.

See More in Manufacturing

Daily 5 report for April 14: Is anyone benefiting from tariffs?
Live updates on tariffs: Trump considers auto parts exemptions
Trump floats exceptions for auto parts facing 25% U.S. tariffs
Who are the auto winners from Trump’s tariffs? It’s not that simple
Staying current is easy with newsletters delivered straight to your inbox.