
Making electric vehicles isn't cheap—especially for the new crop of startups trying to do battle with Tesla. Lucid, one of those new firms, can breathe a bit easier now after getting a much-needed lifeline from Saudi Arabia's sovereign wealth fund.

Making electric vehicles isn't cheap—especially for the new crop of startups trying to do battle with Tesla. Lucid, one of those new firms, can breathe a bit easier now after getting a much-needed lifeline from Saudi Arabia's sovereign wealth fund.