US luxury EV maker Lucid set to enter China market

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U.S. luxury electric vehicle (EV) maker Lucid Group is preparing to enter the world's largest auto market, its head of China operations Zhu Jiang said on Thursday.

Arizona Governor Doug Ducey speaks at the Lucid Motors plant in Casa Grande, Arizona, U.S. September 28, 2021. REUTERS/Caitlin O'Harais preparing to enter the world's largest auto market, its head of China operations Zhu Jiang said on Thursday.

Lucid will sell imported cars in China while also considering local production in the country, according to a person familiar with the matter who was not authorised to speak with media. Zhu confirmed to Reuters that the company was preparing to enter the Chinese market. He declined to comment on any plans for local production.

The auto industry veteran previously worked at Jidu Motor, the EV arm of local technology giant Baidu

 

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