The first images of Lucid Motors’ factory in Casa Grande, Arizona have surfaced thanks to Casa Grande’s Planning and Developing Department.
These photos, published by The Verge, preview what the 820,000 square-foot plant will look like on the near-500 acre site.
Lucid doesn’t own the land its factory will be located on. Instead, it was purchased by Pinal County for $29.94 million and will be rented to Lucid Motors for $1.8 million each year. The electric vehicle startup will then have the opportunity to buy it outright in five years.
It is estimated that the factory will provide 3,230 direct and indirect jobs over the first five years, while over 20 years, it is expected to generate 4,800 direct and indirect jobs. In addition, a third-party economic analysis commissioned late last year suggested it will generate $35.5 million in tax revenue to the city and county, and $22.2 million in tax revenue to local school districts over the coming two decades. Lucid expects to break ground at the site before the end of the year.
Getting the factory approved and built is taking longer than the company initially expected. In fact, it had hoped to have built the site in 2017 and commenced production of its Air all-electric sedan in 2018. There’s no doubt that a $1 billion funding injection from Saudi Arabia’s sovereign wealth fund last year has helped it make its plans materialize.