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Start-Up Lucid Set to Build Arizona EV Plant

The list of electric-car wannabes continues to grow.

by on Nov.30, 2016

Lucid's prototype may seem a little tame compared to its EV-making competition, but it will get a complete redesign, officials claim.

Yet another electric vehicle wannabe has announced it will enter the still-small U.S. market, Lucid Motors revealing plans for a new assembly plant based in the suburbs of Phoenix, Arizona.

Construction on the $700 million factory is set to begin early next year, the company – originally called Atieva – promising to have its first vehicles on the road in 2018. As Lucid, it would join a growing procession of electric vehicle manufacturers, both start-ups like Tesla Motors and traditional auto companies like General Motors, vying for what is still a miniscule part of the American automotive market.

EV News!

Whether demand will absorb all the new comers is far from certain and could be strongly impacted by the as yet-uncertain energy policies of the incoming Trump Administration which could relax or even eliminate upcoming auto mileage rules that are promoting developing of alternate propulsion technologies. (more…)