Lucid
Is Lucid Chinese? No
Facts checked Ownership as of December 2024
No
Lucid is American, and Saudi rather than Chinese in its ownership: Saudi Arabia's Public Investment Fund held 58.42% as of December 2024. There is a Chinese thread in its history -- BAIC bought 25% of Atieva, the company that became Lucid, in 2014 -- but the current size of that holding after years of dilution is not disclosed. Lucid builds cars at Casa Grande, Arizona and does final assembly of the Gravity in Saudi Arabia; nothing is built in China.
Is Lucid Chinese: the short answers
- Is Lucid Chinese?
- No. Lucid is American, and Saudi rather than Chinese in its ownership: Saudi Arabia's Public Investment Fund held 58.42% as of December 2024. There is a Chinese thread in its history -- BAIC bought 25% of Atieva, the company that became Lucid, in 2014 -- but the current size of that holding after years of dilution is not disclosed. Lucid builds cars at Casa Grande, Arizona and does final assembly of the Gravity in Saudi Arabia; nothing is built in China.
Related
Sources for this answer
- Wikipedia, Lucid Motors. Read .