[Tom E-Tron]

Lucid got a big fleet order, but not sure what any government would do with such expensive cars?

Lucid Motors announces agreement with Gov't of Saudi Arabia to purchase up to 100k EVs over the next decade

Lucid Group has announced a new agreement with long-time supporter Saudi Arabia to purchase up to 100,000 EVs over a 10 year period.

electrek.co

 

[MattF]

Lucid got a big fleet order, but not sure what any government would do with such expensive cars?

Lucid Motors announces agreement with Gov't of Saudi Arabia to purchase up to 100k EVs over the next decade

Lucid Group has announced a new agreement with long-time supporter Saudi Arabia to purchase up to 100,000 EVs over a 10 year period.

electrek.co

Why not? Dubai has Lambos as police cars! 🤪. Folllowing Rivians lead I see by getting your investors to buy your stuff…

 

[Oakwood]

Lucid got a big fleet order, but not sure what any government would do with such expensive cars?

Lucid Motors announces agreement with Gov't of Saudi Arabia to purchase up to 100k EVs over the next decade

Lucid Group has announced a new agreement with long-time supporter Saudi Arabia to purchase up to 100,000 EVs over a 10 year period.

electrek.co

Saudi Arabia’s public wealth fund owns roughly 62% of Lucid so I imagine this deal has been in the works for a while. Plus for a country like Saudi Arabia status is everything, so a fleet of Airs would fit nicely.

 

[Tom E-Tron]

Saudi Arabia’s public wealth fund owns roughly 62% of Lucid so I imagine this deal has been in the works for a while. Plus for a country like Saudi Arabia status is everything, so a fleet of Airs would fit nicely.

Ya, I assume these cars will be built in the new Saudi Factory, starting in 2024, so does nothing for Lucid in the short term