Overview
- Lucid has opened a new innovation hub in Phoenix after acquiring over 884,000 square feet of Nikola’s former headquarters and manufacturing plant.
- The facility will house product development and prototype operations for a planned mid-sized SUV priced near $50,000 to target Tesla’s Model Y segment.
- Lucid plans to create roughly 500 jobs in Phoenix and relocate some engineering functions from California, having hired over 250 former Nikola employees.
- Senior VP Adrian Price said production at the Casa Grande AMP1 plant is being scaled up to meet rising demand.
- Lucid rolled out an over-the-air software update enabling Android Auto integration for its Air sedan but recorded a $3 billion loss last year.