Lucid Joins ‘Made in Saudi’ Program as First EV Carmaker

Lucid Motors, a leading electric vehicle manufacturer, has joined the Made in Saudi program, earning the right to use the ‘Saudi Made’ logo on its products. This milestone, announced by the Saudi Press Agency on January 7, 2025, highlights the Kingdom’s dedication to establishing itself as a global leader in innovative manufacturing and marks a significant step for the automotive sector.

Context and Background

The Made in Saudi program, overseen by the Saudi Export Development Authority, aims to enhance the appeal of the Saudi industrial sector, boost local product consumption, and drive investments. Lucid is the first Original Equipment Manufacturer (OEM) in the automotive sector to receive this distinguished logo, underscoring its ability to produce world-class electric vehicles with Saudi expertise. This aligns with the Kingdom’s strategic transformation under Vision 2030 to build a comprehensive ecosystem for the electric vehicle sector, supported by the National Industrial Strategy.

Key Details

Minister of Industry and Mineral Resources Bandar Alkhorayef emphasized that Lucid’s inclusion signifies Saudi Arabia’s emergence as a key center for electric vehicle production, bolstered by modern infrastructure, attractive incentives, and a skilled workforce. He noted that major companies like Lucid enhance the Kingdom’s position as a global hub for future industries, boosting local content, non-oil exports, and knowledge transfer. The ministry remains committed to creating an investment environment that supports leading companies, enabling them to contribute to industrial transformation and innovation in line with sustainable development goals.

Implications and Impact

This development reinforces Saudi Arabia’s role in the global electric vehicle market, attracting further foreign investment and technology transfer. By partnering with a recognized industry leader, the Kingdom strengthens its manufacturing capabilities and non-oil exports, contributing to economic diversification. The ‘Saudi Made’ logo will build consumer trust and promote local products internationally, supporting regional supply chains and job creation in advanced industries.

Vision 2030 Alignment

Lucid’s integration into the Made in Saudi program directly supports Vision 2030’s objectives of building a sustainable, diversified economy. The initiative advances the National Industrial Strategy by empowering key sectors, attracting high-quality investments, and promoting knowledge-based industries. As the Kingdom continues to foster innovation and local expertise, this partnership marks a forward-looking step toward establishing Saudi Arabia as a global leader in electric vehicle manufacturing and a hub for future industries.

20 Questions

Q1. What is the Made in Saudi program?

A1. The Made in Saudi program, overseen by the Saudi Export Development Authority, is a national initiative to enhance the appeal of Saudi industrial products, boost local consumption, and support non-oil exports.

Q2. Why is Lucid’s inclusion significant for Saudi Arabia?

A2. Lucid is the first automotive OEM to earn the ‘Saudi Made’ logo, showcasing the Kingdom’s ability to produce world-class electric vehicles with local expertise, supporting economic diversification.

Q3. Who made the announcement about Lucid joining the program?

A3. The Saudi Press Agency announced Lucid’s inclusion in the Made in Saudi program on January 7, 2025, based on official statements from the Ministry of Industry and Mineral Resources.

Q4. What did Minister Bandar Alkhorayef say about Lucid?

A4. Minister Alkhorayef emphasized that Lucid’s participation signifies Saudi Arabia’s strategic transformation toward a comprehensive electric vehicle ecosystem, supported by modern infrastructure and a skilled workforce.

Q5. How does this align with the National Industrial Strategy?

A5. The National Industrial Strategy focuses on empowering key sectors and attracting high-quality investments, which this partnership directly supports by advancing electric vehicle manufacturing.

Q6. What is the ‘Saudi Made’ logo?

A6. The ‘Saudi Made’ logo is a symbol of quality, excellence, and customer trust, used on products from companies that meet high standards of local manufacturing in Saudi Arabia.

Q7. Is Lucid the only carmaker in this program?

A7. Yes, Lucid is the first Original Equipment Manufacturer in the automotive sector to join the Made in Saudi program and use the ‘Saudi Made’ logo.

Q8. What benefits does Lucid gain from joining?

A8. Lucid gains marketing advantages and consumer trust from the logo, along with alignment with Saudi national goals that support local production and global expansion.

Q9. How does this affect non-oil exports?

A9. The initiative boosts Saudi non-oil exports by promoting locally manufactured electric vehicles and components to international markets.

Q10. What role does the Ministry of Industry play?

A10. The Ministry of Industry and Mineral Resources supports leading companies through incentives and an investment environment that fosters innovation and industrial transformation.

Q11. Does this create jobs in Saudi Arabia?

A11. Yes, the development of a local electric vehicle ecosystem attracts investments and creates skilled jobs in advanced manufacturing and technology sectors.

Q12. How does Lucid’s location in Saudi Arabia benefit the company?

A12. Lucid benefits from Saudi Arabia’s modern infrastructure, strategic geographic location, and government incentives designed to support high-quality manufacturing.

Q13. What is the connection to Vision 2030?

A13. Vision 2030 aims to diversify the economy, and boosting electric vehicle manufacturing through programs like Made in Saudi supports sustainable development and global competitiveness.

Q14. Can other carmakers join the program?

A14. Yes, the Made in Saudi program is open to companies that meet its criteria, and others may join to benefit from the logo and support for local manufacturing.

Q15. What is the Saudi Export Development Authority?

A15. The Saudi Export Development Authority oversees the Made in Saudi program and works to enhance the appeal of Saudi products, support local companies, and increase non-oil exports.

Q16. How does this partnership boost knowledge transfer?

A16. By producing electric vehicles locally, Lucid brings advanced technology and expertise to Saudi Arabia, enhancing local skills and industrial capabilities.

Q17. What infrastructure supports electric vehicle production in Saudi Arabia?

A17. Saudi Arabia offers modern industrial zones, renewable energy sources, and logistics networks that enable efficient electric vehicle manufacturing.

Q18. Is this initiative part of a larger trend in Saudi Arabia?

A18. Yes, Saudi Arabia is actively building an electric vehicle ecosystem, including investments in charging stations and research, as part of its green transition under Vision 2030.

Q19. How does this impact local content in manufacturing?

A19. The program encourages local sourcing of components and materials, increasing the percentage of Saudi content in products like electric vehicles.

Q20. What is the next step for Lucid in Saudi Arabia?

A20. Lucid will continue expanding its manufacturing operations in Saudi Arabia, focusing on meeting local and export demand while contributing to the Kingdom’s industrial goals.

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