(Correction: Entire story corrected based on the upated Arabic source )
The US’ Lucid Motors Group is planning to start the second phase of its electric vehicle production in Saudi Arabia involving the manufacture of some of its models.
In a statement carried by the Saudi daily Aliqtisadia, the Group noted that production at its plant in King Abdullah Economic City in the Western Red Sea Port of Jeddah has so far been confined to auto parts and car assemblying.
“We intend in the next period to announce the launching of the second production phase..this involves the full manufacturing of some of the Company’s models,” it said, adding that it currently has an assembly capacity of around 5,000 vehicles a year.
The paper quoted the statement as saying Lucid is planning to market its latest Gravity SUV car in Saudi Arabia following its marketing in the US.
In comments after the launching of the plant in September 2023, Lucid’s Vice President in Saudi Arabia Faisal Sultan said the facility produced nearly 50 cars in the first week of operation.
According to the paper, Lucid is targeting the production of nearly 155,000 vehicles per year in Saudi Arabia, which is Lucid’s sole production facility outside the US
(Writing by Nadim Kawach; Editing by Anoop Menon)
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