Lucid signs deal to raise $1 bln from affiliate of Saudi's PIF-February 2024-www.financetom.com

Lucid signs deal to raise $1 bln from affiliate of Saudi's PIF

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Lucid signs deal to raise $1 bln from affiliate of Saudi's PIF

Mar 25, 2024 5:19 AM

March 25 (Reuters) - Electric vehicle maker Lucid

said on Monday that it had signed a deal to raise $1

billion in funding from an affiliate of Saudi Arabia's Public

Investment Fund.

(Reporting by Akash Sriram in Bengaluru)

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