Quick Takeaways
- Lucid Saudi Arabia EV plant targets full-scale production by December 2026 with exports as its core focus.
- Lucid confirms mid-size EV manufacturing in Saudi Arabia to support Vision 2030 export ambitions.
On January 14 at the Future Minerals Forum in Riyadh, Lucid interim CEO Marc Winterhoff confirmed that the Lucid Saudi Arabia EV plant is on track to begin full-scale production by December 2026 at its facility in King Abdullah Economic City.
Winterhoff stated that the AMP-2 facility was conceived as a global export-oriented manufacturing base rather than a plant focused only on local demand. The strategy positions Saudi Arabia as a key production and shipping node for Lucid’s international electric vehicle operations.
Lucid AMP-2 plant designed primarily for exports
According to Winterhoff, only around 13% to 15% of total output from the Lucid Saudi Arabia EV plant will be supplied to Gulf Cooperation Council markets. The remaining production volume will be exported to international regions, reinforcing the plant’s role as a large-scale EV export hub.
This export-led approach aligns closely with Saudi Arabia’s broader industrial strategy of building globally competitive manufacturing ecosystems beyond hydrocarbons.
Made in Saudi Arabia program strengthens EV manufacturing push
In January 2025, Lucid became the first original equipment manufacturer to join the “Made in Saudi Arabia” program. The designation supports the kingdom’s ambition to develop domestic EV manufacturing capabilities and attract export-focused automotive investments.
The program is a key pillar in Saudi Arabia’s efforts to establish itself as a credible global supplier of electric vehicles rather than only a regional market.
Mid-size EV to anchor Saudi production capacity
Winterhoff confirmed that a new mid-size electric vehicle priced at approximately USD 50,000 will form the backbone of production at the Lucid AMP-2 plant. This model is expected to play a central role in enabling the facility to reach its targeted maximum capacity.
The pricing strategy is designed to expand Lucid’s addressable market while supporting high-volume production economics at the Saudi plant.
Gradual transition from assembly to full manufacturing
Lucid officially opened the AMP-2 facility in September 2023 in King Abdullah Economic City. Until now, the site has been used for partial vehicle assembly, with semi-knocked-down units imported from Lucid’s Casa Grande, Arizona facility.
The transition to full-scale production will mark a major operational milestone, shifting the Saudi plant from assembly operations to complete vehicle manufacturing.
PIF backing accelerates Lucid’s Saudi expansion
Since 2018, Saudi Arabia’s Public Investment Fund, Lucid’s largest shareholder, has invested more than USD 8 billion to support the construction and operation of the Saudi manufacturing facility.
The investment underscores the strategic importance of Lucid within Saudi Arabia’s long-term industrial and mobility roadmap.
Vision 2030 positions Saudi Arabia as EV export hub
As part of its Vision 2030 agenda, Saudi Arabia is accelerating efforts to reduce reliance on oil revenues by expanding non-oil GDP. A major focus is the development of an automotive export hub along the Red Sea coast.
To attract global automakers such as Lucid and Hyundai, the kingdom is offering incentives including tax exemptions and zero customs duties for imports within Special Economic Zones like King Abdullah Economic City. These measures are aimed at positioning Saudi Arabia as a competitive global base for EV production and exports.
Winterhoff stated that the AMP-2 facility was conceived as a global export-oriented manufacturing base rather than a plant focused only on local demand. The strategy positions Saudi Arabia as a key production and shipping node for Lucid’s international electric vehicle operations.
Lucid AMP-2 plant designed primarily for exports
According to Winterhoff, only around 13% to 15% of total output from the Lucid Saudi Arabia EV plant will be supplied to Gulf Cooperation Council markets. The remaining production volume will be exported to international regions, reinforcing the plant’s role as a large-scale EV export hub.
This export-led approach aligns closely with Saudi Arabia’s broader industrial strategy of building globally competitive manufacturing ecosystems beyond hydrocarbons.
Made in Saudi Arabia program strengthens EV manufacturing push
In January 2025, Lucid became the first original equipment manufacturer to join the “Made in Saudi Arabia” program. The designation supports the kingdom’s ambition to develop domestic EV manufacturing capabilities and attract export-focused automotive investments.
The program is a key pillar in Saudi Arabia’s efforts to establish itself as a credible global supplier of electric vehicles rather than only a regional market.
Mid-size EV to anchor Saudi production capacity
Winterhoff confirmed that a new mid-size electric vehicle priced at approximately USD 50,000 will form the backbone of production at the Lucid AMP-2 plant. This model is expected to play a central role in enabling the facility to reach its targeted maximum capacity.
The pricing strategy is designed to expand Lucid’s addressable market while supporting high-volume production economics at the Saudi plant.
Gradual transition from assembly to full manufacturing
Lucid officially opened the AMP-2 facility in September 2023 in King Abdullah Economic City. Until now, the site has been used for partial vehicle assembly, with semi-knocked-down units imported from Lucid’s Casa Grande, Arizona facility.
The transition to full-scale production will mark a major operational milestone, shifting the Saudi plant from assembly operations to complete vehicle manufacturing.
PIF backing accelerates Lucid’s Saudi expansion
Since 2018, Saudi Arabia’s Public Investment Fund, Lucid’s largest shareholder, has invested more than USD 8 billion to support the construction and operation of the Saudi manufacturing facility.
The investment underscores the strategic importance of Lucid within Saudi Arabia’s long-term industrial and mobility roadmap.
Vision 2030 positions Saudi Arabia as EV export hub
As part of its Vision 2030 agenda, Saudi Arabia is accelerating efforts to reduce reliance on oil revenues by expanding non-oil GDP. A major focus is the development of an automotive export hub along the Red Sea coast.
To attract global automakers such as Lucid and Hyundai, the kingdom is offering incentives including tax exemptions and zero customs duties for imports within Special Economic Zones like King Abdullah Economic City. These measures are aimed at positioning Saudi Arabia as a competitive global base for EV production and exports.
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