Genesis And Lucid May Team Up To Build The Ultimate EV carbuzz.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from carbuzz.com Daily Mail and Mail on Sunday newspapers.
"We have signed an agreement with the Saudi Ministry of Finance for 50,000 units guaranteed and an additional 50,000, amounting to 100,000 units over a decade, and both our plants in Arizona and King Abdullah Economic City will contribute toward that goal."
Lucid Motors has reported a first-quarter net loss of $685 million, which in comparison is an improvement over the first-quarter net loss of $780 million in 2023.