Announcement
17 Sep 2018
On 17 September 2018, the Saudi Public Investment Fund (PIF) signed a 1 billion USD investment agreement with the American automotive company, Lucid Motors.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
17 Sep 2018
Revocation date:
No revocation date
Updated: 17 Sep 2018
Equity stake
In force
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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