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Lucid Group Secures $750 Million Investment

Primul articol: 14 apr. 2026, 14:01 | Ultima actualizare: 14 apr. 2026, 14:01 | 1 sursa | 1 articol

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Lucid Group, the electric vehicle manufacturer, has announced a significant $750 million investment. This funding comes from Saudi Arabia's Public Investment Fund (PIF) and Uber, signaling continued confidence in the company's potential. The investment arrives as Lucid navigates the competitive EV market and works to scale production.

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Lucid Names CEO as Saudi PIF, Uber Commit Another $750 Million Foto: Bloomberg
Bloomberg English 14 apr. 2026, 14:01 (acum 10 ore)

Lucid Names CEO as Saudi PIF, Uber Commit Another $750 Million

Lucid Group Inc. named a new chief executive officer and announced $750 million of fresh investment from its two biggest backers, moves to shore up its operations as the electric-vehicle maker approaches a crucial production stretch.

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