RIYADH, Oct 22 (Reuters) - South Korea's Hyundai Motor Group 005380.KS will build a car plant in Saudi Arabia jointly with the Public Investment Fund (PIF), Saudi Arabia's sovereign wealth fund, South ...

Saudi Arabia is building an EV manufacturing ecosystem through localisation, supplier growth, charging networks and ...

Lucid late in September opened its second vehicle plant. The plant, which was first announced in early 2022, is located near Jeddah, Saudi Arabia, and builds Lucid electric vehicles both for Saudi ...

Dubai: More Saudi car buyers are in the mood to give EVs a chance with more dealerships in the Kingdom set to announce tie ups with leading Chinese carmakers to speed up the process. After what seems ...

Lucid Motors is in talks to build an electric-car factory near Jeddah, Saudi Arabia, Bloomberg first reported Thursday. This would be Lucid's second factory, alongside the Arizona plant that is ...

Saudi Arabia hopes to become a hub for electric vehicles as it seeks to diversify its economy away from oil — Fayez Nureldine For Hamed al-Rafidain, a Saudi human resources worker, an electric vehicle ...

RIYADH (Reuters) - A car show in the Saudi capital is drawing in many women, who from next month will be allowed to drive in the kingdom as part of Crown Prince Mohammed bin Salman's modernisation ...

Saudi Arabia's Public Investment Fund holds nearly 61% of Lucid's common stock. Lucid plans to set up a manufacturing facility in the Kingdom with an annual capacity of up to 150,000 vehicles. Roughly ...