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LUCID ‘source of immense pride’ at forefront of Saudi cleaner future: Studio manager


Electric vehicles (EVs) have recently emerged as key products in the global shift toward sustainable and environmentally friendly transportation options.
Saudi Arabia joined the EV revolution as part of Vision 2030 and its aim for a cleaner future.
LUCID – the first Saudi-manufactured electric vehicle – stands at the forefront of this movement, making it a source of immense pride for the nation, according to LUCID Studio Manager Magdi Hachem.

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On the sidelines of the CityScape Global Exhibition, the world’s largest real estate exhibition hosted this year in the capital Riyadh, Hachem delved into the unique features and motivation behind LUCID’s emergence in the EV market and how Saudi Arabia is driving the Electric Revolution.
“We name it LUCID Studio because LUCID is not a car; it is an art,” Hachem told Al Arabiya English.
“It represents a groundbreaking achievement for the country. It is not only the first car manufactured in Saudi Arabia but also a testament to the nation’s dedication to technological innovation,” he added.
According to Hachem, LUCID’s uniqueness relies on its exceptional horsepower; its vehicles boast the highest horsepower among electric cars, with a minimum of 480 horsepower.
Asked about LUCID as a player in the EV market, he highlighted that the limited “Dream Edition” pushes the boundaries even further, offering an astounding 836 horsepower.
In pursuit of diversifying its economic portfolio and aligning with Saudi Vision 2030, the Kingdom is considerably investing in its automotive industry, allowing pure-play electric vehicle (EV) manufacturers worldwide to enter the industry.

A picture taken on July 14, 2022, ahead of a visit by the United States' president to Saudi Arabia, shows hostesses in a car manufactured by US electric vehicle maker Lucid Group at the KSA Green Transition Journey exhibition in the Red Sea port of Jeddah. (AFP)

A picture taken on July 14, 2022, ahead of a visit by the United States' president to Saudi Arabia, shows hostesses in a car manufactured by US electric vehicle maker Lucid Group at the KSA Green Transition Journey exhibition in the Red Sea port of Jeddah. (AFP)

“Saudi Arabia’s foray into electric vehicle manufacturing aligns seamlessly with the Vision 2030 plan and its commitment to environmental sustainability,” Hachem added. “LUCID, as an environmentally friendly EV, plays a pivotal role in accelerating the decarbonization process, which is integral to the nation’s vision and development.”
As a pledge to achieve net zero goals by 2060, Saudi Arabia launched the Saudi Green Initiative (SGI) to reach a sustainable future in The Middle East. SGI incorporates EVs to contribute to its carbon-emissions-reduction efforts – a reduction target of 278 million tons per annum by 2030, which will mark 50 percent of the country’s power generation emissions in that period and steer Saudi Arabia towards a more sustainable energy mix.
“Saudi Arabia recognizes the importance of preserving the environment, a concept that enjoys substantial support within the country,” Hachem reiterated.
As Saudis embrace this new era of clean transportation, LUCID will become a symbol of national pride and sustainable progress.
“LUCID, being a Saudi-made car, fills every citizen with pride and a sense of ownership. It embodies the spirit of the ‘Pride of Saudi Industry.’ As a result, its success is intertwined with the pride and aspirations of the entire nation.”
As an automotive expert, Hachem pointed out that Saudis are well prepared to embrace electric cars, shifting away from traditional fossil fuels after the Kingdom’s announcement that at least 30 percent of vehicles in its capital would be electric by 2030.
“By 2030, we can expect to witness a remarkable transformation as Saudis increasingly embrace electric vehicles and gradually phase out traditional ones,” Hachem reassured.
Investing in sustainable mobility, Saudi Arabia is developing the infrastructure for electric cars with a growing number of charging stations already implemented across the Kingdom.
“In fact, the transition has already begun, with hundreds of LUCID cars sold since the last Ramadan [March 2023], signaling a promising future for electric mobility in Saudi Arabia,” Hachem said.
The LUCID manufacturing facility in Jeddah will be completed by 2025 or 2026, according to the company.
“Maintenance for LUCID electric vehicles is hassle-free, thanks to the presence of a dedicated manufacturing facility in Jeddah. This local facility ensures that vehicle servicing and repairs are convenient and readily accessible for LUCID owners.” Hachem said.
Regarding the pricing of LUCID vehicles, Hachem noted that the company acknowledges its price point may not be easily compared to that of basic traditional cars. This distinction arises from LUCID’s positioning as a luxury brand that offers high-performance vehicles.

The Lucid Air speed test car is displayed at the 2017 New York International Auto Show in New York City, US, on April 13, 2017. (Reuters)

The Lucid Air speed test car is displayed at the 2017 New York International Auto Show in New York City, US, on April 13, 2017. (Reuters)

However, he said, the value proposition lies in the superior technology, environmental benefits, and the sense of pride that comes with owning a Saudi-manufactured electric vehicle.
“LUCID represents a remarkable achievement for Saudi Arabia and embodies the nation’s commitment to innovation, sustainability, and environmental responsibility. With its impressive horsepower, dedication to Vision 2030, and growing infrastructure support, LUCID is poised to lead the charge in Saudi Arabia’s transition to electric mobility,” he concluded.

First Middle East studio in the Kingdom

Last year, LUCID Group opened its first Studio in the Middle East, specifically in Riyadh, Saudi Arabia. This luxury retail space offers customers the opportunity to experience LUCID’s brand and products in the Al Nakheel District of the capital. The Studio follows a direct-to-consumer model, providing a digitally oriented premium experience tailored to customer preferences, whether they visit in person, make inquiries online, or use a combination of both.
The Riyadh Studio is a hub for customers to explore LUCID’s unique design aesthetic, drawing inspiration from the beauty, innovation, and diversity of California, the company’s home.
In April 2022, LUCID agreed with the Government of Saudi Arabia to potentially purchase up to 100,000 vehicles over ten years, demonstrating a strong commitment to electric mobility in the country, according to the Saudi Ministry of Finance.

The Kingdom EV industry ambitions

Saudi Arabia’s Minister of Investment, Khalid al-Falih told CNBC during an interview that he perceives the LUCID factory as just the beginning of a broader electric vehicle (EV) industry in the Kingdom. He is willing to go beyond LUCID, indicating that other EV manufacturers are in advanced discussions to establish their presence in Saudi Arabia.
He also added that this ambitious vision aims to not only promote EV production but also attract EV battery companies, suppliers, and related industries, potentially generating up to 30,000 jobs. He believes that this investment decision is catalytic and will draw in more investors.
From his side, LUCID’s CEO Peter Rawlinson told CNBC, that their interest is emphasized on producing more than just electric cars, hinting at energy storage systems linked to solar photovoltaic farms, highlighting the region’s suitability for such technology in a post-oil era.
Read more:

Aston Martin joins with Lucid in Saudi-backed EV partnership

Electric vehicle demand booms in Saudi Arabia amid move to green mobility

EV maker Lucid raising $3 billion with more funds from Saudi PIF

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Almarai signs an MoU with the Authority of People with Disabilities to train and employ them.

Almarai Company signed a memorandum of understanding with the Authority of People with
Disabilities to train, qualify and employ persons with disabilities. This came on the sidelines of
the First International Labor Market Conference, organized by the Ministry of Human Resources
and Social Development on December 13 – 14, 2023, at the King Abdulaziz Convention Center
in Riyadh.

The memorandum was signed by the Chief Human Resources Officer of Almarai Company,
Fahad Mohammed Aldrees, and the CEO of the Authority of People with Disabilities, Dr.
Hisham bin Muhammad Al-Haidari.

“This agreement comes within the framework of the company’s social responsibility program, as
Almarai employs more than 500 people with disabilities, which is one of the most suitable work
environments for them.” Fahad Aldrees said. Pointing out that Almarai has the “Silent Line”,
which is one of its production lines that is designated for people with hearing disabilities.

It is worth mentioning that Almarai supports over 300 charity organizations annually across the
kingdom that operate in the field of community development.

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Central Phuket Shopping Center Prepared Surprises This Christmas & New Year 2024

Central Phuket Shopping Center, the luxury lifestyle landmark o Phuket, invites everyone to celebrate Christmas and New Year 2024 in The Great Celebration 2024 Campaign. Joining hands with global partner ‘The Pokémon Company’, Central Phuket bring over Pokémon, the super cute character popular around the world, for all locals and international fans. The special campaign launch presents a procession of cute ‘Pikachu’ alongside with the giant Christmas tree for the first time in Thailand.
This December, Central Phuket prepared many activities for shoppers when visiting Phuket! Experience the “Surprise of the Day” with free Cotton Candy for our little ones, a sweet and fluffy treat, a special gift from Central Phuket. Bring your kids to enjoy this sweet treat every Saturday and Sunday throughout the month of December. Don’t miss the Christmas Carol that
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1) Get Free! Tourist welcome discount package valued up to THB 10,000.
2) Receive THB 100 Gift voucher when spending up to THB 2,500 per receipt.
3) Get to buy ‘Happy Holiday Collections’ special price: Pokémon 2-in-1 pillow blanket, tumbler, travel bag set, and keychain. Visit redemption counter for the price.
4) Exclusive for Grab Users get discount code up to 25% off* when traveling to participating Central Shopping Centers.
5) Receive famous Elephant Pants when spending over THB 5,000 in shopping center.
6) Get Free! H&M THB 100 gift voucher when booking any accommodations in Phuket with Agoda. Terms and conditions apply.

Central Phuket is a home of global luxury brands such as Alexander McQueen, Balenciaga, Ermenegildo Zegna, Gucci, Hermès, Louis Vuitton, and Saint Laurent. Exclusive for this season, Louis Vuitton launches a pop-up store located at Central Phuket. The design is inspired by the story of Damier or Checkerboard, the brand’s signature pattern. This classic pattern was created by Louis
Vuitton and his son Georges Vuitton in 1888 and has always been part of the design of Maison’s iconic items and concepts. Find clothes, shoes, bags, and accessories for men at the Pop-up Store from Louis Vuitton at Central Phuket, 1st floor, from today until 31 March 2024. And with over 500 renowned fashion brands and lifestyle shops ranging from local to international
well-known brands covering all categories, international shoppers will be able to find what they are looking for in Central Phuket.
Central Phuket is located in the heart of one of the world’s most famous beach cities, Phuket and await to welcome both locals and international visitors this holiday. Also, don’t miss one of the most joyful New Year Count Down events in Phuket city at Central Phuket Shopping Center on December 31, 2023.

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Saudi Fund for Development Provides $100 Million Development Loan for the Rogun Hydropower Project

The Saudi Fund for Development (SFD) Chief Executive Officer, H.E. Sultan Al-Marshad, signed a new development loan agreement with the Minister of Finance of the Republic of Tajikistan, H.E. Kahhorzoda Fayziddin Sattor, through which SFD is contributing $100 million USD to fund the Rogun Hydropower Project, a landmark initiative that will enhance energy,
food, and water security, and foster sustainable development in the country. The signing was attended by the Ambassador of the Kingdom of Saudi Arabia to the Republic of Tajikistan, H.E. Waleed Al-Reshiadan, and the Ambassador of Tajikistan to Saudi Arabia, H.E. Akram Karimi, alongside other officials from both sides. SFD’s development loan will help contribute towards a more sustainable and equitable food and water future for Tajikistan, while driving the country’s energy transition and climate resilience. The project aims to contribute to the national energy security and will help advance sustainable
development in the Republic of Tajikistan, by providing the renewable electricity supply to meet local demand and expand electricity production domestically and regionally, producing 3600 MW of energy. The loan agreement will also finance the construction of a 335-meter-tall dam, which will enhance irrigation capabilities and bolster agricultural activities across the country. Additionally, the project will improve flood protection through the construction of four hydraulic
tunnels for diversion and drainage. It will also provide clean and drinkable water to people through desalination, and help advance socio-economic development, by creating both direct and indirect jobs.
Importantly, this project also supports the realization of the UN Sustainable Development Goals (SDGs); specifically, SDG 2, Zero Hunger, SDG 6, Clean Water and Sanitation, and SDG 7, Affordable and Clean Energy.
On this occasion, the CEO of SFD, H.E. Sultan Al-Marshad, said: “Today’s signing marks a major milestone in our shared journey towards a more sustainable future. With this landmark development loan, SFD is not just supporting Tajikistan’s energy future, but also its sustainable development and the well-being of its people. The Rogun Hydropower Project is a beacon of
hope for a bright future that is powered by clean, renewable energy. It will propel Tajikistan towards environmental stewardship and prosperity.”

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