Nations typically associated with oil production or dependence are now gearing up for an EV future
Foxconn plans to start building its first EVs created with the Saudis in 2025
Saudi Arabia’s EV brand, dubbed Ceer, will license component technology from BMW
Saudi Arabia’s Public Investment Fund owns 61 per cent of Lucid’s common stock
The Saudi Public Investment Fund owns a 61 percent stake in Lucid Motors
And prove that even billionaires mistakenly rely on handshake deals sometimes
The race will continue as scheduled but F1 is in communication with teams and drivers
Saudi Arabia’s Public Investment Fund is a key investor in Lucid
A team of expert Lego builders used more than 500,000 bricks to construct this special F1 replica
Horacio Pagani and his family will retain control of the Italian carmaker