Lucid Motors began construction of its factory in Casa Grande, AZ. The company celebrates the first phase of its development, with investments of $3 million. The factory is scheduled to be completed in late 2020 for the production of its first luxury vehicle, Lucid Air, a luxury sedan.
Lucid Air is an all-electric luxury sedan concept made especially for the American consumer, and developed by very talented engineers and designers. The company has had investments from Saudi money, which helped in this endeavor.
The factory will have a positive economic impact on the region, creating jobs and new possibilities for the community. If you think long term, Lucid may create approximately 5,000 jobs by 2029 and over 20 years. Thus impacting $32 billion and enabling the region’s university growth by creating new courses and inspiring young people to professionalize.