Lucid Accelerates Saudi Greenfield Plant to Anchor Global EV Scale-Up
Lucid is converting its King Abdullah Economic City assembly site into a full vehicle manufacturing hub and plans to start mass production in 2026, positioning the facility as the primary global source for a lower-cost midsize model. The move ties advanced digital manufacturing tools to local workforce development and export ambitions, with the company targeting 150,000 annual units by 2029 and previewing the midsize platform at an Investor Day on March 12, 2026.