Electric Car Company to Build $700M Facility in Arizona
- Dec 05, 2016
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.
As reported by the Arizona Commerce Authority, Lucid Motors selected the new location after an extensive search across 12 states and 60 sites. The business climate, infrastructure, talent, geographic location and the automotive supply chain in the Arizona-Sonora Megaregion attracted the company.
“This major investment will generate a steady stream of career opportunities and capital for the Arizona-Sonora Megaregion—a perfect example of the relationship that Governor Ducey and I have envisioned for our two states,” Sonora Governor Claudia Pavlovich said in a prepared statement. “I want to thank everyone on our team who worked for months to make this vision a lasting and fruitful reality.”
Image courtesy of Lucid Motors