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EconomyLucid expands credit line from top investor by $1.75 billion amid turnaround

Lucid Group said on Monday that a $1.75 billion increase in its loan facility from its largest investor, Saudi Arabia’s Public Investment Fund, would help finance the electric-vehicle maker through the fourth quarter of 2027.

Lucid GroupPublic Investment Fundcredit facilityelectric vehicles

RReuters★★☆☆☆2026-11-09 23:05Original

Lucid expands credit line from top investor by $1.75 billion amid turnaround
Lucid expands credit line from top investor by $1.75 billion amid turnaroundEconomy