31
The Kingdom’s choice of Lucid Company, which intends to establish a factory in Saudi Arabia to assemble vehicles, will move over time to full production, in support of local content; This will contribute to diversifying the economy and achieving returns in line with Vision 2030, in addition to making the Kingdom a major center for the regional and global industry for the next generation of electric cars. Lucid aims to produce up to 150,000 cars annually.
