US luxury EV maker Lucid set to enter China market
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Lucid (LCID) begins Air sedan deliveries in Saudi Arabia
June 8, 2023 2:20 PM EDTFaisal Sultan, Vice President and Managing Director of Lucid Middle East reviled in an interview Thursday that luxury electric automaker, Lucid Motors (LCID) has begun deliveries of its Air sedan to customers in Saudi Arabia.
Lucid, which is partially owned by the Saudi Public Investment Fund (PIF), currently has a lineup of one vehicle, the Lucid Air... More
China launches nationwide car purchasing initiative following May sales report
June 8, 2023 9:50 AM EDTIn a significant effort to bolster demand in the world's largest automobile market, China unveiled Thursday a comprehensive nationwide initiative aimed at promoting car purchases, signaling a strong commitment to supporting the automotive industry.
The announcement from the Ministry of Commerce follows the release of data indicating a 7.3%... More
Lucid (LCID) to bring their luxury EVs to China
June 8, 2023 8:44 AM EDTOn Thursday, Zhu Jiang, the head of Lucid Group's operations in China, announced that the U.S. luxury electric vehicle (EV) manufacturer, Lucid Group (NASDAQ: LCID), is preparing to enter the global automotive industry's biggest market.
The US EV startup currently sells its Air luxury sedans in the United States,... More
