Lucid Motors, the electric car startup that aims to compete with Tesla, has already received an eye-popping $1 billion in funding from Saudi Arabia’s sovereign wealth fund. The investment greatly finances Lucid Motor’s 2020 commercial launch of its first electric vehicle, the Lucid Air. And guess what? The vehicle has made its first appearance!
The Lucid Air has appeared during the Saudi Investment Conference over the past few days, and it is looking as attractive as ever! Yet it sure does look like a Tesla knock-off. Check it out!
Under the agreement, Lucid will use the funding to complete engineering development and testing of the Lucid Air; construct its factory in Casa Grande, Arizona; begin the global rollout of its retail strategy starting in North America; and enter production for the Lucid Air.
Red Sea Film Festival Closing Ceremony Glamour
Vintage Cars Pop in Jeddah
In five days, an international motor show, will take place in Jeddah. The Jeddah superdome, 6th December and until 10th of December, will be one of the biggest international motor shows. The exhibition is sponsored by the ministry of transport and logistics and organized by the Salah company. The Jeddah Superdome, has set a world Record for being the largest freestanding dome in the world, in contrast to the Tokyo Dome which formerly held the title, with 206 meters. Located on the Madinah Road, West of King Abdallah sport City, the Jeddah Superdome has an internal area of 24,000 square meters, and a height of 46 meters, with a diameter of 210 meters, a parking space that accommodates 5200 viceless. The exhibition includes many experiences such as drifting, with professional drivers, on dedicated racks, go karting, off road experience with SUVs with professional drivers in a dedicated circuit, and an opportunity to drive the car of your dreams. In addition to restaurants, cafes that suit all of your tastes. The exhibition includes many important car agencies and exclusive launches of many vintage and antique cars presented for the first time in the Kingdom of Saudi Arabia, in addition to an auction of rare classic cars, with more than 35 luxury and rare cars on display. The auction was held by the Silverstone auctioneers, the biggest UK classic car auction house. The event is the biggest in its name, and the car industry, featuring the oldest cars, but unfortunately nothing was sold.
Beaches of the Kingdom Are About to Get Cleaner with This New Campaign
Beaches of the Kingdom are about to get cleaner with the ‘Let’s Make Them Cleaner’ initiative, which was launched on Friday by the Saudi Ministry of Human Resources and Social Development.
Professional divers are taking part of the campaign as volunteers who are ready to clean the beaches and seabeds of Saudi Arabia, in order to save the marine environment from pollution.
The initiative is one of the events launched for Saudi and International Volunteer Day, which is celebrated every year on the 5th of December.
Entitles ‘Ataa Watan,’ the event covers several programs and activities across Saudi Arabia, they were held in partnership with government bodies and NGOs.
So far, the ministry launched five initiatives throughout this year, as part of the Voluntary Work Platform it launched on March 31, 2020.