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LUCID Expands Market in the Gulf

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Yasir Al-Mansouri
2024-12-02
2.6K
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In the wave of the automotive industry, LUCID is riding high. According to Faisal Sultan, Vice President and Managing Director of LUCID Middle East, the company's Saudi plant is witnessing a new production peak. Although many automotive manufacturers have faced varying degrees of challenges post-COVID, the market is gradually recovering, and LUCID is no exception.

LUCID Expands Market in the Gulf

He stated, “We are on track to produce over 10,000 cars annually. If demand is strong, this target can be exceeded, but we will closely monitor demand in different global regions and adjust our production schedules accordingly.”

With economic development, the factory located in Jeddah is also actively operating. Last year, production commenced here with an annual capacity of 5,000 vehicles. As we plan to expand into Gulf Cooperation Council countries, this capacity will be increasingly utilized. The plant operates on an SKD basis, where all components come from Arizona and are then assembled in Jeddah. The initial progress was slow because we wanted to train the workforce in Saudi Arabia and send them to Arizona for skills enhancement, so they could become a part of the assembly process.

LUCID Expands Market in the Gulf

Yasir Al-MansouriYasir Al-Mansouri
Chief editor information:

Yasir Al-Mansouri have more than 10 years of experience in the automotive journalism world. He is an expert of automotive news articles, features, and reviews on cars, from the latest models to industry trends. He've built strong relationships with car manufacturers and industry experts. Connect with Yasir Al-Mansouri on LinkedIn to stay updated on all things automotive and join our exciting journey in exploring the world of automobiles.

2024-12-02
2.6K
previous: LUCID to Deliver Its First Electric Cars SoonNext: 2024 Jeddah GT Race Hosted at the Fastest Track in the World

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