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Saudi Arabia Targets Carmaking Big League With Lucid Tie-Up

  • The country plans to make 300,000 autos a year by 2030
  • Auto industry a key focus for diversifying away from oil
Lucid Air Dream Edition

Lucid Air Dream Edition

Source: Lucid Motors

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Saudi Arabia is working toward rolling out hundreds of thousands of cars a year, joining forces with luxury electric-vehicle startup Lucid Group Inc. as it looks to become a hub for automakers.