Tesla Rival Lucid Motors Hosts an Official 'Ground-Building' Event for its New $1 Billion Arizona Factory
【Summary】California-based electric vehicle startup Lucid Motors has officially broke ground on its new Arizona factory where it will build its flagship Lucid Air electric sedan. Unlike a traditional groundbreaking event to commemorate the start of construction, Lucid billed the event as a "ground-building" ceremony, as a testament to its commitment to the local region, the company said.
California-based electric vehicle startup Lucid Motors has officially broke ground on its new Arizona factory where it will build its flagship Lucid Air electric sedan. Representatives of Lucid Motors, together with Arizona Governor Doug Ducey, the Arizona Commerce Authority, and local officials, marked the start of construction in Casa Grande, AZ.
Unlike a traditional groundbreaking event to commemorate the start of construction, Lucid Motors billed the event as a "ground-building" ceremony, as a testament to its commitment to the local region, the company said.
Lucid's long-term commitment to the region includes plans for continuous growth and future products, as well as providing high-tech jobs to the region.
Arizona's governor has been a champion in bringing in new high tech companies to the state, welcoming in new businesses with tax breaks and other incentives. Lucid said it chose the Casa Grande, Arizona, location for its factory after an extensive search across 13 U.S. states and more than 60 sites.
Lucid Motors said it chose Arizona based upon numerous positive factors, including the favorable business climate, infrastructure, talent, geographic location, and the automotive supply chain in the Arizona-Sonora region.
"Attracting a high-tech automotive manufacturer like Lucid Motors to Arizona is a testament to the talent, business environment, and geographic location our state has to offer innovative companies to help them succeed," said Governor Ducey. "I congratulate Lucid Motors, Casa Grande, and Pinal County on achieving this milestone and look forward to seeing the first vehicles roll off the production line."
Lucid Motors is among a handful of new luxury-focused EV startups looking follow in Tesla's footsteps. The company's CEO, Peter Rawlinson, who also serves as the company's CTO, worked at Tesla under Elon Musk serving as chief engineer on the Model S. He joined Lucid in 2013.
In July, Lucid Motors announced that it hired former Tesla vice president of manufacturing Peter Hochholdinger to serve as vice president of vehicle manufacturing. Prior to working at Tesla, Hochholdinger spent 24 years at Audi, where he rose to senior director of production for the Audi A4, A5, and Q5. Hochholdinger will lead Lucid's global manufacturing operations at the Arizona factory.
The first phase of factory construction includes an investment of over $300 million and is scheduled for completion in late 2020.
Lucid expects that the Arizona factory will create approximately 4,800 direct and indirect jobs over the next decade. Lucid plans to make $700 million more in capital investments by the mid-2020s. Lucid is also establishing training programs and new curriculums at local community colleges to help train the high-tech workforce needed to run the facility.
"Not only will Lucid bring thousands of good paying jobs to the area, but it also anchors our efforts to attract additional high-tech businesses to the region and develop a highly skilled workforce for advanced manufacturing." said said Casa Grande Mayor Craig McFarland.
Lucid's first car is the ultra-luxurious fully-electric Air sedan. The state-of-the-art sedan, features a California-inspired design combined with cutting-edge technology. The Air will be capable of over 400 miles range and can reach 0-60 mph in under 2.5 seconds, producing over 1,000 horsepower from its electric powertrain.
"The Lucid Air is a cutting-edge electric vehicle designed, engineered, and destined for manufacture entirely in America," said Rawlinson, in a statement. "We are proud to be moving forward on our commitment to manufacturing the Lucid Air in Casa Grande. With supportive investors, an outstanding team of designers and engineers, and a product strategy that extends well beyond the Air, we expect today to be just the start of a longstanding presence in this dynamic city."
Lucid Motors is backed by a $1 billion investment from Saudi Arabia's sovereign wealth fund, one of the world's largest wealth funds with over $320 billion in assets.
Production of the Lucid Air is scheduled to begin in late 2020 after the first phase of construction is completed.
Originally hailing from New Jersey, Eric is a automotive & technology reporter covering the high-tech industry here in Silicon Valley. He has over 15 years of automotive experience and a bachelors degree in computer science. These skills, combined with technical writing and news reporting, allows him to fully understand and identify new and innovative technologies in the auto industry and beyond. He has worked at Uber on self-driving cars and as a technical writer, helping people to understand and work with technology.
Ford is Testing a New Robotic Charging Station to Assist Drivers of EVs With Disabilities
Ford Raises the Prices of the F-150 Lightning Electric Pickup Due to Rising Raw Material Costs
The BMW 7-Series to Feature HD Live Maps From HERE Technologies for Hands-Free Highway Driving in North America at Speeds up to 80 MPH
AutoX to Use the 'Eyeonic Vision Sensor' from California-based SiLC Technologies for its Robotaxi Fleet in China
LG Develops ‘Invisible’ Speaker Sound Technology That Could Revolutionize In-Vehicle Audio
Researchers at South Korea’s Chung-Ang University Develop a ‘Meta-Reinforcement’ Machine Learning Algorithm for Traffic Lights to Improve Vehicle Throughput
Zeekr’s New 009 Electric Passenger Van is the World’s First EV to Feature CATL’s Advanced ‘Qilin’ Battery With a Range of 510 Miles
Redwood Materials is Building an Electric Vehicle Battery Recycling Facility in South Carolina
- China’s CATL to Supply Honda with 123 GWh of Electric Vehicle Batteries by 2030
- Electric Automaker Lucid Group Unveils the Lower Priced Air Pure and Air Touring Models
- The NIO ET7 Will Come Standard With an Advanced Dolby Atmos-Powered Sound System Co-Developed With Audio Pioneer Dirac
- Munro and Associates Offers a Detailed Look of How the Front Seats of the Tesla Model Y Are Bolted to its Battery in New Video
- Volvo’s Electric Vehicle Brand Polestar Reports $1 Billion in Revenue in the First Half of 2022, Adds 6 New Global Markets
- Solid State Battery Startup Solid Power Completes its EV Cell Pilot Production Line
- LiDAR developer Luminar Technologies Hires Ex Apple, Tesla and Nvidia Execs as it Prepares for Growth
- AI-Powered Computer Vision Perception Developer StradVision Closes on $88 Million Series C Funding Round
- Prices For Used EVs Continue to Rise as Gas Cars Drop
- Toyota Offering Multiple Solutions for Non-Drivable bZ4X Electric SUVs