Lucid Motors, the American EV producer with heavy ties to the Saudi PIF, has strengthened its ties to the world’s premier electrical motorsport sequence with a fleet of Lucid Airs hitting the observe in Diriyah, Saudi Arabia as a part of the previous weekend’s Components E race festivities.

The Lucid Air course automobiles have been on show and in motion over the double-header race weekend with rounds two and three of the 2023 season going down on Friday and Saturday.

Lucid’s Ties To Components E
The Lucid Airs drove a lot of demonstration quick laps of the Diriyah Road Circuit and offered transport to all of the “celebrities, journalists, friends and influencers” {that a} Components E double-header in a rich nation transitioning away from oil brings out.

Lucid has an ongoing relationship with Components E, having beforehand equipped battery packs that allowed the automobiles to finish a full race distance on a single cost. Extra just lately, Lucid introduced that it provides the entrance drive unit to each Components E automobile on the grid. Lucid’s compact motor and transmission combo is especially there to reap power from regenerative braking, although Lucid says the motor is able to producing as much as 469 horsepower regardless of weighing simply 70.5 lbs.

“I’m very excited for Components E’s world viewers to witness a fleet of our award-winning Lucid Air street automobiles on the Diriyah Road Circuit this weekend, as course automobiles and as a part of the Components E Electrical Laps program. Components E is the world’s preeminent electrical automobile racing sequence, so it is just acceptable that the world’s best and highly effective electrical sedan, the Lucid Air, shares the observe with the race automobiles.” – Lucid CEO and CTO Peter Rawlinson

The Saudi Connection
Lucid additionally has deep ties to the Saudi Public Funding Fund, which has lengthy supported the EV startup and is at present its majority shareholder. Lucid’s inventory value final week earlier than ending the day with a 43% achieve on rumors of a full buyout by the PIF.

Lucid’s second manufacturing unit, generally known as AMP-2, is at present beneath building in Saudi Arabia’s King Abdullah Financial Metropolis, and the Saudi authorities has agreed to purchase 50,000 autos from Lucid with the choice to purchase an additional 50,000 sooner or later.

Photographs by Lucid Motors licensed by CC BY 4.0.

James Walker is an Automotive Journalist at Torque Information specializing in Lucid Motors. If it is received wheels he is , and he is trying ahead to seeing what sort of automobiles the EV revolution brings us. Whether or not it is quick, gradual, new, or previous, James desires to take a look round it and share it in print and on video, ideally with some twisty roads concerned. You possibly can join with James on Twitter, Instagram, and LinkedIn.

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