Hyundai will act as a strategic technology partner, offering technical and commercial expertise to support the plant’s development
The project is linked to existing plans to build up automotive infrastructure in the country
Lucid will now start production of its debut EV, a luxury sedan called the Air, in the second half of this year
One of the biggest revelations for the luxury auto industry this year is that going electric is no longer an option – and it must be done now
The flagship Lucid Air EV will start at just under $80,000
Lucid Air EV will be able to charge at rates of up to 32 kilometres per minute
The Saudi PIF-backed company is expected to begin deliveries of its Lucid Air model next year to customers in the Middle East