Ma’aden subsidiary to supply high-quality aluminum panels to PIF-backed Lucid Motors 

RIYADH: US electric carmaker Lucid Motors is set to secure a high-quality aluminum panel supply through an agreement signed with a subsidiary of the Saudi Arabian Mining Co. 

Ma’aden Rolling Co. has signed a deal with Lucid Motors, majority-owned by the Kingdom’s Public Investment Fund, to supply top-quality aluminum sheets with various specifications for its US factories, according to a post on X.   

This initiative aligns with the commitment of the Saudi mining firm, also known as Ma’aden, to advance the global energy transition. 

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