World’s fastest electric sedan launched by Lucid

Today, Friday, the world’s fastest electric sedan, owned by electric car manufacturer Lucid, was launched

In May of last year, Lucid announced the start of construction of a factory in the Kingdom, with estimated investments of 12.3 billion riyals, and a production capacity of 155,000 cars annually.

Lucid Motors intends to launch the first electric car to be assembled at its factory in the Kingdom of Saudi Arabia next September.

Faisal Sultan, Vice President and Managing Director of Lucid in the Middle East, said during the Public Investment Fund and Private Sector Forum held recently that the Kingdom of Saudi Arabia is one of the largest car consumers in the region, explaining that Lucid developed after it became part of the Public Investment Fund’s portfolio.