logo-en
  • Home
  • Companies
  • Investors
    • Home
  • FinTech Hub
  • News
LoginRegister
  • english iconEnglish
  • english iconArabic
  1. Mubasher News
  2. Lucid produces over 1K EVs for Saudi Arabia for final assembly

Lucid produces over 1K EVs for Saudi Arabia for final assembly

NOHA.GAD
Oct 8, 2025
Lucid produced over 1,000 electric vehicles in transit to for Saudi Arabia for final assembly during the third quarter of 2025

Riyadh - Sharikat Mubasher: Lucid Group, the global maker of advanced electric vehicles (EVs), produced 3,891 vehicles during the third quarter (Q3) of 2025, with more than 1,000 additional vehicles built for Saudi Arabia for final assembly.

In a recent statement, Lucid revealed that it delivered 4,078 vehicles during Q3-25 and produced 9,966 vehicles during the first nine months of 2025, excluding additional vehicles in transit to Saudi Arabia for final assembly.

The company will host a conference to discuss its Q3-25 financial results in November, inviting all stakeholders and investors to share their questions before the conference.

It is worth mentioning that Lucid Motors is the first global automotive manufacturing company to join the 'Made in Saudi' program, in a move to strengthen its presence in Saudi Arabia and become a major player in the global EV market.

Its assembly facility in King Abdullah Economic City, set to be completed by the end of 2026, is expected to produce 150,000 units annually, with production starting in early 2027 for global markets.

Tags

Saudi Arabia
electric vehicles
Share

Attract clients with your ad

Start Now

Trending

FII Institute pacts with SMBC Group to advance cross-border collaboration
MUBASHER.SA
Lucid produces over 1K EVs for Saudi Arabia for final assembly
MUBASHER.SA
Thabet Investment, Five Keys launch Everbridge Capital with $100M in Riyadh
MUBASHER
Saudi TGA invites local, global firms to join autonomous vehicles sandbox program
MUBASHER.SA
Turkish fashion brand Touché Privé raises $5mn to expand in Saudi Arabia
MUBASHER

Related News

Investor News
Calendar Icon
Oct 8, 2025
Lucid produces over 1K EVs for Saudi Arabia for final assembly
Read More
Investor News
Calendar Icon
Oct 8, 2025
Thabet Investment, Five Keys launch Everbridge Capital with $100M in Riyadh
Read More
Investor News
Calendar Icon
Oct 6, 2025
Booster Grow program empowers French startups to expand in Saudi Arabia
Read More
Investor News
Calendar Icon
Oct 5, 2025
Siemens Mobility opens Riyadh office to expand operations in Middle East
Read More
Investor News
Calendar Icon
Sep 30, 2025
Red Sea Global, stc partner on SAR 1.2 bn tech investment
Read More
Investor News
Calendar Icon
Sep 29, 2025
Sukna Capital partners with PFG to power SMEs' expansion
Read More
Investor News
Calendar Icon
Sep 28, 2025
Saudi PIF poised for record gaming deal with Electronic Arts
Read More

Sharikat Mubasher Newsletter

Get insights and exclusive content from the world of business and finance that you can trust delivered to your inbox

Email is Required
Should be a valid email

Democratizing private equity investments

  • Home
  • Companies
  • Investors
  • FinTech Hub
  • News
  • Contact Us
  • Sitemap
2024 All rights reserved to Sharikat Mubasher