Saudi Backing Bolsters EV-Maker Lucid Motors
EV-Maker Lucid Motors boasts a powerful backer in the form of Saudi Arabia. The Middle Eastern country holds a 61-percent stake in Lucid through the kingdom’s Public Investment Fund (PIF). As such, that government has a vested interest in Lucid, something it recently deepened by ordering 50,000 Lucid Air Sedans … Read more