2.4K
Lucid Motors has begun construction of its electric vehicle manufacturing facility in Casa Grande, Ariz. The first phase of factory construction, representing an investment of over $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 facility expects to create approximately 4,800 direct and indirect jobs by 2029; over $700 million in capital investment by Lucid by the mid-2020s; an estimated $32 billion revenue impact for the city and county over a 20-year period; and training programs and new curriculums at local community colleges.
– Connie Weber, Arizona Commerce AuthorityÂ