Tag Archives: Kingdom of Saudi Arabia

Saudi police to use all-electric Lucid Air

Lucid Motors has been struggling with stock prices and car deliveries due to a slowdown in electric vehicle sales, and now they have signed a contract to supply the Saudi Arabian police force with Lucid Air. These are all-electric sedans that will cruise on the roads of the Kingdom.

The first copy was presented in Riyadh, and it is finished in black and white police livery. On the roof of the car, instead of a siren and police lights, there is a carrier with a drone. By pressing a button, the driver activates the drone, which takes off.

For now, there are no detailed photos of the car’s interior. All cars should be equipped with standard police equipment, with perhaps some extras.

This is not a surprise if we consider that the sovereign fund of Saudi Arabia owns 60% of the shares of Lucid Motors, and that Saudi Arabia recently signed an agreement with Lucid Group on the construction of the first ever facility for the production of electric vehicles in KSA. It is part of the Vision 2030 plan by which the largest oil producer wants to transform its economy.

Representatives of Saudi Arabia stated that this is only the beginning of what can be expected in the future, and the opening of the first Lucid Group factory will enable the realization of the recently signed agreement with the Government of Saudi Arabia on the sale of 100,000 vehicles in the next decade. The factory will be built in Jeddah and will have a capacity of 150,000 vehicles per year.

Source: MOI Saudi Arabia via X

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Will Saudi Arabia be the new leader in EV production?

Saudi Arabia is the world’s largest oil producer, and a few years ago it announced that it wanted to transform its economy by the end of the decade. Vision 2030 is based on “a vibrant society, a prosperous economy and an ambitious nation”. Development of the financial sector, digitization and privatization program of state-owned properties to attract foreign investment, and the vision includes a plan to make the Kingdom number one in the production of electric cars. This is possible thanks to the huge investment capacity achieved through the sale of gas and oil, and recently the Kingdom signed an agreement with Lucid Group on the construction of the first ever facility for the production of electric vehicles in KSA.

Representatives of Saudi Arabia stated that this is only the beginning of what can be expected in the future, and the opening of the first Lucid Group factory will enable the realization of the recently signed agreement with the Government of Saudi Arabia on the sale of 100,000 vehicles in the next decade. The factory will be built in Jeddah and will have a capacity of 150,000 vehicles per year.

“Saudi Arabia is on track to become a global leader in electric vehicles, aligning with its ambitious carbon reduction and renewable energy targets,” said Michael Perschke, CEO of German electric vehicle company Quantron AG.

Mordor Intelligence is a market research company, and according to their research, the market in the Middle East and Africa region will double in the next four years from the current $40.25 million to $93.10 million.

How serious the Kingdom is in its intentions to become a leader in the production of electric vehicles is also shown by the first Saudi brand of electric vehicles, Ceer, which was launched by the Saudi State Fund in cooperation with the Taiwanese company Foxconn. The plan is to produce 170,000 Ceer vehicles per year.

In 2021, the Saudi authorities pointed out that they want 30 percent of vehicles in Riyadh to be electric by the end of the decade, and according to Goldman Sachs, half of the sales of new cars worldwide by 2035 will be EVs.

Source: Lucid Group