Lucid Motors Becomes First Automotive OEM To Join Made In Saudi Program

Lucid Motors has become part of the Made in Saudi program, allowing it to display the "Made in Saudi" logo on its products. This logo represents quality and excellence, reflecting Saudi Arabia's ambition to be a leader in innovative manufacturing. Lucid is the first automotive Original Equipment Manufacturer (OEM) to earn this distinction, showcasing its ability to produce top-tier electric vehicles with local expertise.

Minister of Industry and Mineral Resources Bandar Alkhorayef highlighted that Lucid's achievement marks a strategic shift towards building a comprehensive ecosystem for electric vehicles in Saudi Arabia. This move aligns with the National Industrial Strategy, which aims to empower key sectors and attract high-quality investments in advanced industries. The Kingdom's modern infrastructure and skilled workforce support this transformation.

Saudi Arabia is positioning itself as a central hub for electric vehicle production. The presence of major companies like Lucid strengthens this position by enhancing local content, boosting non-oil exports, and facilitating knowledge transfer. The ministry is dedicated to fostering an investment environment that supports leading companies in contributing to industrial innovation.

The Made in Saudi program, managed by the Saudi Export Development Authority, aims to enhance the appeal of the Saudi industrial sector. It seeks to increase local product consumption, drive both local and foreign investments, support global expansion for local companies, boost non-oil exports, and promote economic sustainability. Lucid's participation aligns with these objectives.

Alkhorayef emphasized that Saudi Arabia has become a key center for producing electric vehicles due to attractive incentives and modern infrastructure. He noted that major companies like Lucid bolster the Kingdom's position as a global hub for future industries. This development supports local content growth and knowledge transfer while boosting non-oil exports.

The ministry remains committed to creating an environment conducive to investment, supporting leading companies in their efforts towards industrial transformation and innovation. This commitment aligns with Saudi Arabia's vision for a sustainable future driven by modern technologies.

Lucid Motors' inclusion in the Made in Saudi program underscores its role in advancing the Kingdom's automotive industry. By earning the "Made in Saudi" logo, Lucid highlights its capability to produce world-class electric vehicles using Saudi expertise. This achievement reflects the Kingdom's dedication to establishing itself as a global leader in innovative manufacturing.

With inputs from SPA