Lucid Motors, partially owned by the Public Investment Fund (PIF), has reduced the prices of its electric vehicles (EVs) by 9-11 percent in Saudi Arabia, sources told Asharq Al-Awsat. According to private sources, the reduction comes as a step after adjusting global selling prices, clarifying that the cost will be fixed after the drop and will not witness any review during the current year. - Achieving production target In July, Lucid sold 1,404 cars.
FTSE 100 down 2 points 7,331 Consumer confidence picks in August - GfK Jerome Powell says inflation remains too high 3;55pm: Powell s message is consistent.