Lucid Motors signed an agreement with Sixt to add the electric vehicle maker’s sedan and SUV models to the German rental company’s Saudi Arabian fleet.
The deal will bring Lucid‘s Air sedan to Sixt’s premium rental fleet immediately, with the company’s upcoming Gravity SUV to follow, Lucid said Wednesday on social media platform X.
Financial terms and the number of vehicles involved were not disclosed.
Faisal Sultan, Lucid‘s president for the Middle East, signed the agreement as part of a broader push by the Newark, California-based company to deepen partnerships with Saudi firms ahead of full-scale production at its local factory starting late next year.
Lucid has been forging ties with regional companies focused on talent recruitment, after-sales service and supply chain operations.
Rental Pricing and Availability
The Lucid Air Touring sedan is now available for rent in Saudi Arabia at 975.24 riyals ($260) per day, including 1,000 kilometers of mileage, according to Sixt’s Saudi website.
Customers can extend mileage to 3,000 kilometers for an additional 195.04 riyals ($52) daily.
The package includes free cancellation, rebooking before pickup and charging cables. Drivers must be at least 30 years old to rent the vehicle, which offers about 650 kilometers of driving range.
The Saudi deal follows a similar arrangement Lucid struck with Sixt in Germany last year, where the Air sedan became available for rental starting at €999 per month on a minimum 360-day contract.
The German fleet includes the Pure, Touring and Grand Touring variants.
Strategic Saudi Expansion
Lucid is converting its Saudi assembly plant into a complete manufacturing facility capable of building vehicles from the ground up.
Once operational, it will become the company’s second factory alongside its Casa Grande, Arizona plant.
The automaker has been cultivating relationships across Saudi Arabia’s automotive ecosystem.
Last month, Lucid partnered with Elm, a company backed by Saudi Arabia’s Public Investment Fund, to manage vehicle replacements for government and corporate fleets.
In July, the company signed cooperation agreements with the Technical and Vocational Training Corporation and the National Automotive and Vehicle Academy to develop local talent.
PIF owns approximately 60% of Lucid, making it the company’s largest institutional shareholder and a key financial backer as the EV maker struggles to reduce cash burn rate.
Sixt’s Recent Deals with Automakers
In late 2022, the rental company committed to purchasing around 100,000 electric vehicles from China’s BYD over several years.
In early 2024, Sixt signed a multibillion-euro deal with Stellantis NV, then led by Carlos Tavares, to take delivery of 250,000 vehicles through 2027.
