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US electric vehicle maker Lucid expands cooperation with Uber, secures new investment from Saudi PIF-affiliated company
11 hour ago /
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Author：小编
On April 14, US electric vehicle manufacturer Lucid announced a significant expansion of its partnership with Uber, along with securing long-term investment support from Ayar Third Investment Company, an affiliate of Saudi Arabia's Public Investment Fund (PIF). Under the agreement, Uber commits to purchasing at least 35,000 Lucid electric vehicles and will make an additional investment of $200 million, bringing its total investment in Lucid to $500 million. Meanwhile, Ayar Third Investment has also pledged an additional $550 million.
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