The Lucid Motors Inc. Alpha Speed Car is unveiled after completing a 217mph test in Ohio ahead of the 2017 New York International Auto Show (NYIAS) in New York, U.S., on Thursday, April 13, 2017. The New York International Auto Show, North America's first and largest-attended auto show dating back to 1900, showcases an incredible collection of cutting-edge design and extraordinary innovation. Photographer: Mark Kauzlarich/Bloomberg
Saudi Arabia's PIF has made a $1bn investment in Lucid which plans to go public. Bloomberg

PIF-backed Lucid Motors to go public at $24bn valuation