Lucid (LCID) stock jumps nearly 18% on Rockwell Saudi factory software deal
NEW YORK, Jan 21, 2026, 21:18 (EST) Lucid Group (LCID.O) shares surged 17.9% Wednesday after Rockwell Automation (ROK.N) announced plans to expand its partnership supporting the EV maker’s growing manufacturing footprint in Saudi Arabia. Rockwell closed the day roughly 4.1% higher. https://www.theglobeandmail.com/investing/markets/stocks/LCID/pressreleases/37156847/why-lucid-stock-is-skyrocketing-today/ The announcement adds a new data point on Lucid’s efforts to ramp up production beyond the U.S., a critical issue for investors in a sector where factory performance can sharply impact margins. Saudi Arabia has positioned new industrial projects under Vision 2030, its strategy to reduce dependence on oil. Lucid’s shares saw a jump in speculative trading. A