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Lucid Motors accepts $1 billion investment from Saudi Arabian fund
The Public Investment Fund of Saudi Arabia will invest $1 billion in upstart electric car company Lucid Motors. Lucid hopes to launch a Tesla-fighting luxury sedan called the Air by 2020.
The post Lucid Motors accepts $1 billion investment from Saudi Arabian fund appeared first on Digital Trends.
Source: https://www.digitaltrends.com/news/saudi-arabias-wealth-fund-could-invest-1-billion-in-lucid-motors/
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