Electric Car Company to Build $700M Facility in Arizona
ByPeter Rawlinson
Casa Grande, Ariz.—Lucid Motors, a luxury mobility company focusing on innovative engineering, design and technology to create electric vehicles, has announced the ground breaking of a car manufacturing center in Casa Grande, Ariz. The facility is expected to create more than 2,000 jobs and $700 million in capital investment by 2022. The development of the new site is slated to commence in the second quarter of 2017, as the company completes the site planning and permitting processes. Hiring is expected to begin in 2017, and the cars production toward the end of 2018.
“Lucid Motors is building the luxury automobile of the future, and we have an opportunity to become the global leader in automotive technology. We are confident Arizona is the ideal location to advance our innovations and will continue to provide an excellent platform for our success,” Peter Rawlinson, Lucid Motors’ chief technology officer, said in prepared remarks…