Every EVXL story tagged “Saudi Arabia” — newest first.
On April 10, 2025, Tesla officially opened its doors in Saudi Arabia, a move signaling both a reconciliation between CEO Elon Musk and the kingdom’s leadership and a bold step toward the country’s aggressive electric vehicle (EV) adoption goals, as reported by Reuters. With a glitzy launch showcasing the Cybertruck and a redesigned Model Y…
Lucid Motors announced on February 25, 2025, that CEO Peter Rawlinson is stepping down effective immediately, transitioning to the role of Strategic Technical Advisor to the Chairman of the Board. Chief Operating Officer Marc Winterhoff has been named interim CEO while the company searches for a permanent replacement. This leadership shift occurs as Lucid, founded…
Saudi Arabia’s first electric vehicle manufacturer Ceer is taking a major step forward in its EV development through a new partnership with Rimac Technology to supply advanced Electric Drive Systems (EDS) for its upcoming flagship vehicles. Strategic Partnership Details The agreement, signed on October 17th at Rimac’s headquarters in Croatia, marks Rimac’s first venture into…
Lucid Motors is gearing up to take on Tesla with a new mid-size electric SUV, set to launch in late 2026. This vehicle, expected to start around $48,000 to $50,000, is designed to compete directly with the Tesla Model Y. The news, first shared on Lucid Motors’ X account, highlights Lucid’s ambition to make its…
Lucid Motors, the luxury electric vehicle (EV) company, is cutting about 400 jobs as the EV industry faces slow growth. According to a recent SEC filing, this layoff round will affect 6% of Lucid’s staff by the end of October, with most layoffs impacting California employees, according to SFGate. Layoffs to Hit All Levels In…
As the electric vehicle (EV) market continues to burgeon, California-based automaker Lucid is taking bold strides to solidify its position globally. The company’s latest venture? A brand-new manufacturing hub in Saudi Arabia. Lucid’s Journey in 2023 The journey for Lucid in 2023 has seen its highs and lows. Engulfed in the tumultuous waves of an…
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