PLUGGING IN
Can Lucid jump-start the electric vehicle industry in Saudi Arabia?
Though fewer than 1% of cars on the road are electric, the kingdom is setting an ambitious target for 2030 of 30% as it tries to shift the economy from oil
AMER HILABI/AFP via Getty Images
A Lucid Motors electric vehicle shown at the KSA Green Transition Journey exhibition in Jeddah. (Photo: Getty Images)
Share
Saudi Arabia’s push to develop an electric vehicle industry took a step forward last week when California-based Lucid Motors opened the kingdom’s first automobile factory. With initial plans to assemble 5,000 EVs a year at its new plant outside the...