Lucid Motors, together with Arizona Governor Doug Ducey, the Arizona Commerce Authority, and local officials, celebrated the start of construction of its electric vehicle manufacturing facility in Casa Grande, AZ. The first phase of factory construction, representing an investment of more than $300 million, is scheduled for completion in late 2020 in readiness for the start of production of Lucid’s first car, the Lucid Air luxury sedan.
The factory is expected to have a positive economic impact on the city, county, and state, including:
Approximately 4,800 direct and indirect jobs by 2029;
More than $700 million in capital investment by Lucid by the mid-2020s; and
An estimated $32 billion revenue impact for the city and county over a 20-year period.
Lucid chose the Casa Grande, Arizona, location for its factory after an extensive search across 13 US states and more than 60 sites. Lucid selected Arizona based upon numerous positive factors, including business climate, infrastructure, talent, geographic location, and the automotive supply chain in the Arizona-Sonora region.
The company’s first car, the Lucid Air, will be capable of more than 400 miles range and 0-60 mph in under 2.5 seconds. Production of the Lucid Air will begin in late 2020 in the new factory.