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Lucid secures funding until the end of 2025

Lucid Motors has received $1.5 billion from Saudi Arabia's Public Investment Fund (PIF). That means the carmaker now has sufficient funds until the fourth quarter of 2025. This comes as Lucid announced rather positive financial results for the second quarter of this year.

BackgroundCommercial Vehicles

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Image: Unsplash

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Car ReviewAutomobile

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