Riyadh, Saudi Arabia, January 8, 2025 – In a significant development that underscores Saudi Arabia’s ambitions to become a global leader in innovative manufacturing, Lucid Motors, a trailblazer in the electric vehicle (EV) industry, has officially joined the Made in Saudi program. This recognition grants Lucid the right to prominently display the prestigious "Made in Saudi" logo on its products—an emblem of exceptional quality, excellence, and customer trust that resonates with the Kingdom’s ongoing drive to establish itself as a hub for cutting-edge manufacturing and technological innovation.
Lucid Motors’ inclusion in the program marks a historic milestone as the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this honor. This achievement not only highlights Lucid’s ability to design and produce world-class electric vehicles (EVs) but also showcases the growing role of Saudi expertise in the global automotive industry. The company's presence in the Kingdom is a testament to the success of Saudi Arabia’s industrial initiatives, particularly in the burgeoning EV sector, which is poised to play a pivotal role in the Kingdom’s economic transformation.
In a statement issued by Bandar Alkhorayef, the Minister of Industry and Mineral Resources, the significance of Lucid’s inclusion in the Made in Saudi program was highlighted as a major step forward in the Kingdom’s industrial strategy. Alkhorayef stressed that Lucid’s recognition as the first car manufacturer to carry the "Made in Saudi" logo serves as a tangible symbol of Saudi Arabia’s strategic transformation toward building a comprehensive electric vehicle ecosystem. This initiative directly aligns with the goals outlined in the National Industrial Strategy, which is designed to empower key sectors, attract high-quality investments, and foster the growth of advanced industries within the Kingdom.
The Minister further emphasized that Saudi Arabia has rapidly emerged as a vital center for electric vehicle production, a transformation driven by the nation’s modern infrastructure, competitive incentives, and a highly skilled workforce. The presence of industry giants such as Lucid Motors is a clear indicator that the Kingdom is positioning itself as a global hub for future industries, including EV manufacturing. Lucid’s operations will not only contribute to the Kingdom’s industrial growth but also enhance local content, increase non-oil exports, and facilitate the transfer of knowledge and technology—all essential components of the Kingdom’s long-term economic diversification strategy.
Lucid Motors, known for its groundbreaking advancements in electric vehicle technology, is expected to play a central role in Saudi Arabia’s vision of creating a sustainable future driven by modern technologies. The company’s involvement in the Made in Saudi program is part of a broader effort by the Saudi government to attract international companies to set up operations within the Kingdom. By fostering such partnerships, the Ministry of Industry and Mineral Resources aims to create an investment-friendly environment that supports innovation, industrial transformation, and long-term economic sustainability.
The Made in Saudi program, overseen by the Saudi Export Development Authority (SEDA), is an integral part of the Kingdom’s broader initiative to boost the competitiveness of the Saudi industrial sector. The program’s objectives include increasing the appeal of locally produced goods, promoting local consumption, and supporting Saudi businesses in expanding their reach both domestically and internationally. The inclusion of Lucid Motors within this framework is expected to serve as a catalyst for additional foreign investments in the country’s industrial and technological sectors, further driving the Kingdom’s efforts to diversify its economy away from oil dependence.
As the Kingdom accelerates its journey toward becoming a global leader in sustainable and technologically advanced industries, Lucid Motors' inclusion in the Made in Saudi program underscores both the immense potential of Saudi Arabia’s EV sector and the country’s commitment to shaping a future economy that is powered by innovation, collaboration, and forward-thinking manufacturing practices.
Through initiatives like the National Industrial Strategy, supported by global players such as Lucid, Saudi Arabia is not only transforming its own industrial landscape but also positioning itself as a key player in the global shift toward green technologies and sustainable manufacturing.
