Lucid Motors finishes the first phase of its $700 million EV factory in Arizona

Last year, The Verge published the first images of Lucid Motors’ planned $700 million electric car factory in Arizona. Now, nearly a year after breaking ground, the company announced that it has finished the first phase of construction and is on schedule to start production of its first vehicle, the luxury Lucid Air sedan, by spring 2021.

The first phase of the factory comprises 999,000 square feet of space, with the goal of eventually expanding that to a whopping 5.1 million square feet by 2028. The next phase of construction will begin in early 2021, Lucid says. Initially, the factory will have the capacity to produce 30,000 vehicles a year, with the goal of eventually getting to an annual capacity of 400,000 vehicles.

Continue reading…



from The Verge - All Posts https://ift.tt/2HXanVt
Lucid Motors finishes the first phase of its $700 million EV factory in Arizona Lucid Motors finishes the first phase of its $700 million EV factory in Arizona Reviewed by Benny on December 01, 2020 Rating: 5

No comments:

Powered by Blogger.