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EV maker Lucid to raise $1bn from Saudi affiliate

Latest investment underlines advantage Lucid has among electric vehicle start-ups

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Luxury EV maker Lucid to raise $1 billion from Saudi s PIF affiliate

-Lucid is raising $1 billion in capital from an affiliate of Saudi Arabia s Public Investment Fund , it said on Monday, sending the shares of the luxury electric carmaker up 18% before the bell. .

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EV maker Lucid signs deal to raise $1 billion from Saudi s PIF affiliate | WSAU News/Talk 550 AM · 99 9 FM

(Reuters) - Luxury electric automaker Lucid said on Monday it had signed a deal to raise $1 billion in funding from an affiliate of Saudi Arabia's Public Investment Fund (PIF), sending its shares up 20% before the bell. Ayar Third Investment Compan.

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Luxury EV maker Lucid to raise US$1 billion from Saudi s PIF affiliate, Startups & Tech

Luxury EV maker Lucid to raise US$1 billion from Saudi s PIF affiliate, Startups & Tech
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Lucid shares jump as it receives Saudi investment

Lucid shares jump as it receives Saudi investment
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