PIF-Backed Lucid Motors Secures Permit for Manufacturing Unit in KAEC, Marking a Milestone in Saudi Arabia’s Automotive Industry
In a significant stride towards economic diversification and the transformation of the national transportation sector, the Economic Cities and Special Zones Authority (ECZA) has granted Lucid Motors a permit to establish a manufacturing facility within King Abdullah Economic City (KAEC). A commemorative ceremony was held at the ECZA’s offices in KAEC to celebrate this momentous […]