Today, the startup announced that it outgrew its headquarters in Menlo Park
and it is expanding to new headquarters in Newark, California.
The company wrote in a press release:
“As we move closer to realizing our vision for the future of luxury
mobility, we are outgrowing our Menlo Park headquarters and are in need of a
new location that will allow for expansion. We are excited to announce that
in late 2017 we will begin moving into the Pacific Research Center. The new
facility, located just east of the Dumbarton Bridge in Newark, California,
is twice the size of our current location. It is also just a few blocks from
Lucid’s prototype shop, where the Lucid Air was first revealed at a private
event in late 2016.”
While we are glad to see Lucid still alive and kicking, we are more
interested in them making a reality of their $700 million EV factory to
bring the Lucid Air to production than new headquarters.
By all accounts, the Lucid Air is a solid electric vehicle with impressive
performance and they are trying to bring it to market at an attractive price
point. It would be nice to see it in the hands of customers.
A Lucid Motors spokesperson told Electrek that the start of construction at
the factory is still dependent on the closing of their Series D, which they
have reportedly been trying to raise since April.
It’s hard to gauge to odds of the startup finally closing the round at this
point, but we sure hope they do.