Lucid Motors buys parcels near existing manufacturing facility in Casa Grande

By Audrey Jensen | Phoenix Business Journal

Lucid Motors (Nasdaq: LCID) has purchased two large vacant properties near its existing electric vehicle factory in Casa Grande.

Pinal County records and real estate database Vizzda show that an entity connected to Lucid Motors purchased about 120 acres adjacent to its existing Casa Grande manufacturing facility in May for $17.3 million in two separate transactions. The seller of the land was Phoenix-based Arizona Land Consulting LLC.


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