Lucid Air was introduced in 2016 and production was expected to begin in 2018, but Tesla's rival had financial problems that questioned his future. However, at the end of 2018, Saudi Arabia's sovereign wealth fund invested $ 1 billion in the company, giving it the funds to boost its plans to build a factory in Casa Grande, Arizona.
Lucid Motors is currently manufacturing 80 Air beta prototypes at its Silicon Valley headquarters. These prototypes, which are the "highly representative version of the production", will be used for thorough testing. Lucid Motors says that the construction of its Casa Grande factory "is underway." He hopes to finish building his first pre-production cars at the beginning of the fourth quarter of 2020 and start full production by the end of the year.