Lucid Signs $1bn+ Investment Agreement with Saudi Investment Fund

By Blagojce Krivevski Lucid Motors announced today that it has executed a $1bn+ (USD) investment agreement with the Public Investment Fund of Saudi Arabia, through a special-purpose vehicle wholly owned by PIF. Under the terms of the agreement, the parties made binding undertakings to carry out the transaction subject to regulatory approvals and customary closing conditions. The transaction […]
The post Lucid Signs $1bn+ Investment Agreement with Saudi Investment Fund appeared first on Electric Cars Report.

Read Full Article Here

For more great articles: Electric Cars Report

(Visited 3 times, 1 visits today)

Comments

comments



© 2014 RenewaNews