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Description
On 17 September 2018, the Saudi Public Investment Fund (PIF) signed a 1 billion USD investment agreement with Lucid Motors to launch its first electric vehicle, the Lucid Air, in 2020. Through a speci...
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Intervention Details
Intervention Type
Capital injection and equity stakes (including bailouts)
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
17 Sep 2018
Revocation date
No revocation date
Implementation level
NFI
Affected flow
Inward
Announced as temporary
No
Eligible firms
firm-specific
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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