Saudi-backed electric vehicle maker Lucid sees shares climb amid delivery boost
Lucid Air Sedan
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electric carmaker
PIF-backed Lucid announces deal to sell up to 100,000 electric vehicles to Saudi government
The purchase will take place over a 10-year period
automobile industry
Saudi-backed Lucid Motors sinks after cutting production goal
The luxury electric car manufacturer dropped its 2022 target from 20,000 to maximum 14,000 amidst logistic and supply chain challenges
