Lucid Motors Establishes Saudi Arabia First Car Manufacturing Plant

Lucid Motors Establishes Saudi Arabia First Car Manufacturing Plant

In a significant milestone for the Kingdom of Saudi Arabia’s burgeoning industrial sector, Lucid Motors unveiled the country’s maiden automobile manufacturing facility. The inauguration of this state-of-the-art electric car factory reflects Saudi Arabia’s commitment to fostering a dynamic, competitive, and sustainable industrial economy predominantly driven by the private sector.

Minister of Industry and Mineral Resources, Bandar bin Ibrahim Al-Khorayef, underlined the nation’s dedication to this transformative industrial vision during his address at the launch event held at King Abdullah Economic City in Rabigh Governorate, known as Lucid in Saudi Arabia.

This historic development occurred on a Wednesday when Lucid Group officially opened its doors, signaling a groundbreaking moment for the automotive sector in the Kingdom.

Minister Al-Khorayef emphasized that the National Industrial Strategy has strategically earmarked 12 vital industrial sectors, with the automotive industry prominently featured, as catalysts for industrial expansion within the Kingdom. He pointed out that Saudi Arabia’s ambition extends far beyond merely establishing another car manufacturing facility. Instead, the nation aspires to position itself as a global player in the production of electric vehicles and related components, such as electric batteries. This endeavor underscores Saudi Arabia’s commitment to investing in the future through cutting-edge technology and innovation.

Contributor

Writer & Blogger

Related Posts:

  • All Post
  • Advertising, Marketing, and Media Saudi Arabia Magazine
  • Africa
  • Amazon Prime Mena
  • America
  • Asia
  • Better World Foundation
  • BUSINESS NEWS
  • CAMPAIGN
  • Cannes Film Festival
  • Culture Saudi Arabia
  • Europe
  • Featured stories
  • Food Saudi Arabia
  • Global Gift Gala
  • GP
  • HUMAN
  • Life Style
  • Luxury Magazine Saudi Arabia
  • MEN
  • Netflix Mena
  • News Bahrain
  • News Europe
  • News Europe Middle East & Africa Emea
  • News Football Saudi Arabia
  • News Koweit
  • News Middle East
  • News Oman
  • News Saudi Arabia
  • Paramount+ Mena
  • People and Celebrities
  • Press Release
  • REAL ESTATE
  • Red Carpet
  • Red Sea
  • Retail and Duty Free Saudi Arabia
  • RIYADH
  • Saudi Arabia Art et Culture Magazine
  • Saudi Arabia Business Magazine
  • Saudi Arabia Talent Magazine
  • Saudi Arabia Woman Magazine
  • Saudi Welcome to French Riviera
  • Sport and Outdoor Saudi Arabia
  • Style Saudi Arabia
  • TECH
  • Technology Saudi Arabia
  • To Do Saudi Arabia
  • Travel and Festival
  • Tv Serie Cinema Saudi Arabia
  • Various
  • Warner Bros Saudi Arabia
  • World News
  • Yachting

About US

Welcome on Breaking-news-saudi-arabia.com

Dive into the pulse of Saudi Arabia’s dynamic landscape with Breaking News Saudi Arabia. We deliver the latest and most relevant updates on politics, economy, culture, and more

  • All Post
  • News Europe Middle East & Africa Emea

Newsletter

JOIN THE FAMILY!

Get a Cookbook with our recipes.

You have been successfully Subscribed! Please Connect to Mailchimp first
  • All Post
  • News Koweit
  • All Post
  • News Oman
  • All Post
  • News Europe
Edit Template
error: Content is protected !!