<ul><li>Lucid will deliver Saudi-made EVs to Europe starting in 2027 and aiming for an annual sales target of 150,000 units.</li><li>The expansion of Lucid's AMP-2 factory in Saudi Arabia, controlled by the country's public investment fund, is expected to be completed in 2026.</li><li>The expanded plant will allow Lucid to manufacture vehicles for markets outside North America, including Europe and some Asian markets.</li><li>Saudi Arabia may consider introducing U.S.-style import tariffs to promote local production, with Lucid becoming the country's exclusive domestic automaker.</li></ul>

Lucid Will Ramp Up European Deliveries Using Its Expanded Saudi Plant

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