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Dubai, United Arab Emirates (CNN) – Lucid Motors Company, in which the public investment fund in the Kingdom of Saudi Arabia has invested $ 1 billion, has begun to receive applications for new cars, “Lucid Air”.
On his official website, Lucid offered the value of the deposit on the car, offering a series of options to customers according to his country, where the value of the deposit in Saudi Arabia is 3800 riyals and in the United States of America 1000 dollars, for example.
The Lucid Air was first announced in 2017 when its initial version was shown at the Las Vegas Electronics Show.
Lucid Motors seeks to compete with the famous company Tesla in the field of green electric cars, as said Peter Rollinson, chief technology officer for Lucid Motors, who worked on the development of the Tesla Model S, in a previous interview with CNN. There will be a major shift towards electric transmission, he said, adding that the electric car market is still intangible, and that Tesla actually has no competitor in the current market.
The price of the new car, which aspires to compete with “Tesla” cars, will start from $ 60,000, or around 225,000 Saudi riyals, but the price of the modified models may exceed $ 100,000.