Lucid is burning through cash at an alarming rate as it tries desperately to avoid the same fate that hit defunct automakers like Canoo and Nikola.

This future joint venture will start manufacturing the H1-X flying car in Saudi Arabia and distributing it on the global market. In other words, it's a huge milestone and expansion for the ...

A British banker was killed today in a suspected car bomb attack in the Saudi Arabian capital of Riyadh. Simon Veness died when his vehicle - thought to be a four-wheel drive - exploded in the ...

According to the agreement, the Saudi and US firms plan to begin manufacturing and selling the flying cars in Saudi Arabia by 2027. With Kingdom Aero Industries (KAI) providing the $30 million ...

(Bloomberg) -- Two Saudi Arabia-based car rental firms are considering new share sales in Riyadh, seeking to capitalize on the kingdom’s drive to attract more ...

Volvo’s Saudi ad is AI-generated, with no cars shown and focus shifting to messaging. AI reduced production time from months to weeks, making the process more efficient. The ad uses a voiceover to ...

in Saudi Arabia, to manufacture and export its H1-X flying car. Designed for personal use, the HX-1 is a two-seater aircraft that can be parked in a two-car garage, charged at home, and taken off ...