Lucid Group has officially opened what it's calling the first-ever car manufacturing facility in Saudi Arabia. As Lucid's second Advanced Manufacturing Plant (AMP-2) and first international plant, the facility will produce Lucid's groundbreaking electric vehicles for Saudi Arabia and export to other markets.
The AMP-2 facility received significant support from the Ministry of Investment of Saudi Arabia (MISA), the Saudi Industrial Development Fund (SIDF), and the Economic City at King Abdullah Economic City (KAEC) and will play a pivotal role in accelerating Saudi Arabia's strategic goal to diversify its economy. Through the development of electric transportation, Lucid will support the Saudi Green Initiative's imperative to ensure 30% of new car sales in the Kingdom are electric by 2030.
The AMP-2 facility has begun semi knocked-down (SKD) assembly and is expected to have an annual capacity of 5,000 cars. The initial operation re-assembles Lucid Air vehicle 'kits' that are pre-manufactured at the company's U.S. AMP-1 Manufacturing Facility in Casa Grande, Arizona. Lucid aims to transition AMP-2 to complete build unit (CBU) production after the middle of the decade, with an additional annual capacity of 150,000 cars.
AMP-2 will be a driving force for innovation and job creation, championing home-grown Saudi talent and providing expert skill development training. Through an agreement with Human Resources Development Fund (HRDF), Lucid expects to employ hundreds of Saudi nationals in the first few years and eventually, grow the workforce into the thousands. In line with Vision 2030, Lucid and HRDF's investment aims to attract, train, and retain talent to build a robust, skilled, and localized workforce.
The plant's strategic location near Jeddah will also act as a catalyst to further grow and expand the newly established domestic supply chain, creating demand for local suppliers and fostering long-term growth. Jeddah's position on the Kingdom's Red Sea coast already offers robust supply chain access by land and sea and enables Lucid to export its finished luxury electric vehicles to other regions in the future.
Lucid's AMP-2 facility officially opened at a high-profile VIP event in the presence of H.E. Yasir O. Al-Rumayyan, Governor of the Public Investment Fund of Saudi Arabia; Lucid Group Chairman of the Board, Turqi Alnowaiser; Lucid Group CEO and CTO, Peter Rawlinson; and Lucid Group Vice President and Managing Director Middle East, Faisal Sultan; alongside ministers and dignitaries from many esteemed organizations. We also delivered Lucid Airs to a select group of customers at the event.