US EV maker Lucid Motors gears up to enter the Chinese market

News
Corporate developments

Lucid’s plan of entering China comes at a time when the company is witnessing accumulating losses and tightening cash reserves in the US

US-based premium electric-car maker Lucid Group is gearing up to enter China, the world’s largest electric vehicle market, a news report published by Reuters on June 8 said, citing the company’s head of China Operations Zhu Jiang.

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