In 2019, Lucid Motors named Peter Rawlinson CEO of the company, while he also maintained his previous role of CTO. The report states that the plan could still change and that Lucid is looking at other locations. is in talks with Saudi Arabia’s sovereign wealth fund to build an electric vehicle factory potentially near the Red Sea city of Jeddah, according to people familiar with the matter.” The report states that the electric vehicle company is now discussing building a factory near the city of Jeddah: King Abdullah Economic City is about 60 miles (97 kilometers) north of Jeddah, the country’s second-biggest city.” “Lucid raised more than $1 billion from the PIF in 2018, an investment that was conditional on the firm developing a site in Saudi Arabia, the people said. Soon, news began to surface that the Saudi investment was apparently contingent on Lucid establishing a manufacturing presence in the country. This deal was completed in April of 2019. Lucid said it planned to use the huge round of funding to complete the final engineering and testing of the Lucid Air model, fund the first-phase construction of the aforementioned AMP-1 facility, begin commercial production of the Lucid Air, and implement a worldwide retail strategy. In September of 2018, Lucid Motors revealed it was in talks with the Public Investment Fund of Saudi Arabia (PIF) regarding a funding investment of over $1 billion. We got the chance to tour AMP-1 alongside the exclusive powertrain facility and cover the experience. Lucid Motors plans to have four total phases for its Casa Grande facility totaling an estimated 5.1 million square feet and an eventual output of 400,000 vehicles per year. Phase 2, aka “Project Gravity,” is slated to break ground at the end of 2021, and complete in summer 2023. This increase could also assist Lucid in its goal of delivering Air sedans to Europe in the first half of 2022. Furthermore, vehicle production is expected to increase from 34,000 to 90,000. This expansion will provide further space for the automaker to build its upcoming Gravity SUV. Lucid is already preparing for phase 2 of the AMP-1 facility. After manufacturing, these components come to AMP-1 for final assembly. This location manufactures modules, battery packs, inverters, drive units, and wunderboxes (Lucid’s unique charging units).
In addition to AMP-1, Lucid also has a powertrain factory about six miles up the road.
Phase one of Lucid Motor’s AMP-1 facility It can currently build 34,000 vehicles per year. That leeway to expand is apparent in footage of Lucid Motors’ new factory and hearing what substantial plans it has for the future. Phase 1, which was completed in November of 2020, has begun production on the Air sedan. According to Lucid’s VP of manufacturing, Peter Hochholdinger:Īs we add new platforms and vehicles to our lineup, the planning that went into this facility ensures that we will always be able to keep up with growing customer demand for advanced electric vehicles. It is here that the company has developed and will produce its flagship EV, the Lucid Air sedan.Īccording to the automaker’s website, the factory design was implemented with a “future-ready” strategy in mind. Lucid calls this flagship factory AMP-1, an acronym for Advanced Manufacturing Plant. Furthermore, the nascent automaker announced plans to produce an all-electric luxury vehicle.Ī month later, Lucid officials, along with state officials from Arizona, announced plans for the automaker to break ground in Casa Grande on a $700 million purpose-built facility sitting on a 590-acre footprint. In October of 2016, the company officially announced its intent to rebrand itself as Lucid Motors. It remained ordinary looking from its exterior to stay unrecognized but could reach 60 mph in ~3 seconds with “a driving range that well exceeds today’s range limitations.” Becoming Lucid Motors According to Lucid’s website, the Atieva team then built a custom, 900 HP powertrain test vehicle. This included investments from companies like Venrock, Mitsui, and JAFCO - all of which remain investors today. In 2014, Lucid garnered a nine-digit round of funding to develop its own complete vehicle.
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