The world is revolutionizing very quickly. The EV markets are onto making history, we see legacy carmakers transfiguring the car industry every day. New vehicle manufacturing brands are restlessly bringing in new electric vehicles. The Public Investment Fund (PIF) plans to bring Lucid Motors to Saudi Arabia. The first step was taken in 2018, PIF invested a billion dollars when the company was in the early stages of designing advanced luxury cars. In this video we’ll look into what made PIF interested in Lucid motors? Will this partnership become stronger with time? This video will also be focused on discussing how this relationship came into being.
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Timecodes
0:00 Intro
1:16 The Public Investment Fund
2:53 The Saudi Arabia plans for Lucid Motors
5:09 Future prospects
7:44 Wrap up
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