When Lucid Motors, the maker of luxury electric cars, started production in King Abdullah Economic City, it wasn’t just another industrial milestone — it was the moment Saudi Arabia officially shifted gears from a nation that imports cars to one that builds them. The move marks a powerful step in the Kingdom’s ongoing mission to localize the automotive industry, in line with Saudi Vision 2030.
A Partnership That Redefines the Future
Lucid’s Saudi story began with a bold investment from the Public Investment Fund (PIF), which now holds nearly 60% of the company’s shares. But this wasn’t just a financial deal — it was a visionary partnership designed to bring electric vehicle production to Saudi soil and transform the Kingdom into a regional hub for advanced manufacturing.
Backed by this support, Lucid built its first factory outside the United States — the AMP-2 plant — a gleaming symbol of progress standing proudly on the Red Sea coast. For Saudi Arabia, it’s more than a factory; it’s a statement that the Kingdom is entering a new era of innovation, technology, and sustainability.
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What makes Lucid’s journey in Saudi Arabia truly remarkable is its people. More than 65% of the workforce at the new plant are Saudi engineers and technicians, many of whom trained at the company’s AMP-1 facility in Arizona.
This was part of a large-scale national program, supported by several government agencies including the Human Resources Development Fund, which invested around $50 million to train over 1,000 Saudis on the latest electric vehicle technologies. It’s a clear example of how investment in human talent is fueling not just a factory — but the birth of a new Saudi generation ready to lead the EV revolution.
The Lucid plant in King Abdullah Economic City now stands as the first fully integrated electric vehicle production facility in the Middle East, a model of collaboration between the public and private sectors. And with over 1,000 vehicles assembled in Saudi Arabia during the third quarter of 2025, Lucid has proven that the pilot phase is over — and real production is here to stay.
Global Momentum, Local Strength
Beyond Saudi Arabia, Lucid continues to make waves globally. The company produced about 3,891 vehicles at its U.S. facilities during the third quarter of 2025, in addition to more than 1,000 cars assembled in the Kingdom. That brings total production for the first nine months of the year to 9,966 vehicles (excluding locally assembled units).
Worldwide sales reached 10,496 vehicles by the end of September, while deliveries jumped to 4,078 cars in the third quarter — a 46.6% increase over last year’s performance.
Although these figures came in slightly below Wall Street’s expectations of roughly 4,286 vehicles, they reflect steady growth and healthy demand in Lucid’s core markets.
Like many automakers, Lucid faces a challenging period ahead with the expiration of U.S. tax credits and rebates worth up to $7,500 per vehicle. But its growing presence in Saudi Arabia gives the company a powerful advantage — a new home market that’s rapidly becoming a cornerstone of its global strategy.
A New Chapter for Saudi Industry
Lucid’s arrival signals something much bigger than just a new car plant — it’s the dawn of a new industrial era. A country that once imported around 800,000 vehicles a year is now laying the foundation to build and export them.
With a bold national target to produce 565,000 vehicles annually by 2035, and a growing network of factories, partnerships, and local expertise, Saudi Arabia is confidently driving toward its vision of becoming the automotive heart of the Middle East — where ambition takes form, innovation takes charge, and the future hums with electric energy.
