Public Investment Fund

Lucid Motors to Launch Stores in Saudi Arabia in 2022

According to Arab News, Lucid Motors is currently looking at possible locations for a retail outlet in Saudi Arabia — the home country of one of the automaker’s biggest shareholders, the Public Investment Fund (PIF). Lucid Motors, the EV carmaker, part-owned by Saudi Arabia’s (PIF), is scouting out locations for retail sales outlets in the Kingdom, […]