Lucid Group and KACST Partner to Advance EV Technology in Saudi Arabia: Joint Research in Battery Tech, Aerodynamics, Autonomous Driving, and AI
Lucid Group, a US electric vehicle manufacturer with significant investment from Saudi Arabia's Public Investment Fund, has signed a partnership with the King Abdulaziz City for Science and Technology in Saudi Arabia.
The collaboration aims to advance battery technology and materials, as well as conduct research in aerodynamics, autonomous driving, and artificial intelligence.
Lucid's vice president, Faisal Sultan, stated that the company's goal is to inspire the adoption of sustainable energy through advanced technology.
A Memorandum of Understanding has been signed between Lucid and the King Abdulaziz City for Science and Technology (KACST) in Saudi Arabia.
This partnership aims to advance and elevate the electric vehicle (EV) industry, with a focus on researching and assessing EV performance for the Kingdom's climate.
A joint research and development headquarters will be established at KACST, with a launch scheduled for Q3 2024.
The research conducted at this headquarters will focus on advancing EV systems and developing technologies for autonomous driving, aligning with Saudi Arabia's aspirations for research and innovation in the energy and industry sector.
Lucid Group and the King Abdullah City for Science and Technology (KACST) are collaborating to develop research programs focused on technical solutions for transportation and energy sectors, aiming to boost the national economy.
In September 2023, Lucid opened its first plant outside the US in Saudi Arabia with an initial capacity to produce 5,000 electric vehicles (EVs) annually.
The Saudi Arabian government has pledged to buy up to 100,000 Lucid vehicles over the next 10 years.