Lucid Expands Abroad with New EV Plant in Saudi Arabia

Jawad

30 Sep 2023

360

Lucid Expands Abroad with New EV Plant in Saudi Arabia

In a groundbreaking moment, Lucid Group has officially unveiled Saudi Arabia's inaugural car manufacturing facility within the King Abdullah Economic City. This historic milestone heralds the inauguration of Lucid's second Advanced Manufacturing Plant (AMP-2) and its inaugural international production site, dedicated to crafting state-of-the-art electric vehicles (EVs) not only for Saudi Arabia but also for global markets.

Driving Electric Mobility

Lucid's strategic move is aligned with the broader vision of the Saudi Green Initiative, aiming to see 30% of all new cars sold in Saudi Arabia as electric vehicles by the year 2030. This initiative places Lucid at the forefront of advancing electric mobility within the Kingdom.

Peter Rawlinson's Vision

Peter Rawlinson, CEO and CTO of Lucid Group, expressed his enthusiasm about this historic occasion, stating, "We are delighted to make history today in Saudi Arabia by opening the country's first car manufacturing facility, which will produce our award-winning electric vehicles and support the country's vision for a more sustainable and diversified economy." Rawlinson further revealed that customers are already taking delivery of their Saudi-assembled Lucid vehicles, marking a significant milestone in the company's global reach.

Assembly Process at AMP-2

The semi-knocked-down assembly process has commenced at the AMP-2 factory, with a current capacity of producing 5,000 automobiles annually. In this initial phase, prefabricated Lucid Air vehicle "kits" are reassembled at Casa Grande, Arizona, within the company's US AMP-1 Manufacturing Facility. Looking ahead, Lucid has ambitious plans to transition AMP-2 to complete unit production after the middle of the decade, thereby adding a substantial 150,000 cars to its annual production capacity.

Faisal Sultan's Perspective

Faisal Sultan, Vice President and Managing Director of the Middle East at Lucid Group, emphasized the significance of this facility's opening: "The opening of our facility today marks the beginning of our production operations to assemble our world-class Lucid Air. AMP-2 in KAEC, in addition to our existing AMP-1 facility in Arizona, gives us the ability to efficiently fulfill the recently signed agreement with the government of Saudi Arabia to purchase up to 100,000 vehicles over a 10-year period, with an initial commitment to purchase 50,000 vehicles and an option to purchase up to an additional 50,000 vehicles over the same period."

Khalid Al-Falih's Perspective

Minister of Investment Khalid Al-Falih underscored that this is no ordinary factory, stating, "It is a statement, a statement highlighting the Kingdom of Saudi Arabia's ambitions, capabilities, and our resolute dedication to our future that is environmentally friendly, exciting, and innovative." The facility embodies Saudi Arabia's commitment to a sustainable and innovative future, making it an emblem of the Kingdom's ambitious aspirations.

Lucid's foray into Saudi Arabia marks a significant milestone in the global electric vehicle manufacturing landscape and underscores the country's commitment to environmentally friendly and forward-thinking innovation.

Lucid Motors Electric Vehicle Manufacturing Saudi Arabia International Expansion Green Technology EV Production Facility Lucid Saudi Plant Sustainable Mobility Electric Vehicle Industry Global Manufacturing Hub

« PREV POST
China's Changan Debuts Qiyuan A07 EV with 1200km Range

NEXT POST »
Pak Suzuki Explores Car and Component Export Opportunities

Related Auto News Updates