Lucid Motors reported in talks for EV factory near Jeddah, Saudi Arabia

Lucid Motors Inc. is in talks with Saudi Arabia’s sovereign wealth fund to build an EV factory near the city of Jeddah, according to people familiar with the matter.
The USD 360 billion Public Investment Fund, already a shareholder in Newark, California-based Lucid, will provide much of the money for the site at the ....

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