Lucid Motors Manufacturing Unit in KAEC wins operating licence
Saudi Arabia’s Economic Cities and Special Zones Authority (ECZA) has given Lucid an operating licence for its manufacturing unit established at King Abdullah Economic City (KAEC). The permit was handed over at a ceremony organised at the ECZA office in KAEC.
The commencement of operations at the production unit of Lucid, a pioneering US-based e-vehicle company that utilises innovative and sustainable technologies to design and produce luxury cars, in Saudi Arabia marks a major milestone in the nation's efforts to transform itself into a global e-vehicle manufacturer, a Saudi Press Agency report said.
The state-of-the-art facility spans an area of over 1.35 million sq m, occupying about 31% of the total area of the KAEC SEZ’s auto hub, a designated area allocated for the automotive industry.
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