As revealed in Lucid Motors' Q2 financial report, the manufacturer has received an additional $1.5bn worth of funding from Saudi Arabia's sovereign wealth fund, the PIF.
PIF already owns a majority 60% stake in Lucid...
While EVs usually get the spotlight for their range, the significance of factors, like charging speed, shouldn't be overlooked. Bloomberg's latest study on battery scores delved into 25 top EVs, highlighting crucial metrics that...
Lucid Motors CEO targets Tesla's turf, unveiling plans for a new EV aimed at the family car market. Priced at around $50,000, it's set to rival Tesla's Model 3 and Model Y.
It looks to...
Red Sea Global establishes largest off-grid EV charging network in Saudi Arabia with 150+ stations.
Exclusive fleet of 80 electric vehicles enhances luxury travel for guests at The Red Sea.
Project creates 1,500 jobs and aims...
Lucid Motors is the latest manufacturer to join the EV price war, bringing the starting price of the Lucid Air down to $82,400.
The drop follows Tesla’s price drops across its range, including on the...
