Lucid Group to expand AMP-1 production plant in 2023

Lucid Group (NASDAQ: LCID) is planning to expand its AMP-1 production facility in Casa Grande, Arizona, with construction starting in 2023, documen...

August 9, 2022
11:16 PM

Lucid Group (NASDAQ: LCID) is planning to expand its AMP-1 production facility in Casa Grande, Arizona, with construction starting in 2023, documents show. Lucid is set to begin construction on the third phase of its AMP-1 production plant sometime in 2023, with the project extending into 2024 and 'possibly into 2025,' Teslarati learned. Lucid's current construction processes and discussions regarding Phase 3 are generalized in Casa Grande documents: 'Construction of the Phase 2 Lucid building is still underway and will be well into FY23.

Joey Klender