ASU professor says EV maker Lucid thriving in uncertain market

Published: Jun. 13, 2025 at 12:36 AM EDT|Updated: 19 hours ago
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EV maker Lucid is making the most of its presence in Arizona, expanding in the Valley where another company failed. Lucid has a new facility in Phoenix, which retained hundreds of local jobs previously at risk after Nikola’s exit. Despite challenges in the electric vehicle market, like uncertain rebates and shifting consumer demand, Lucid is pushing forward, betting on Arizona as a key part of its growth. Karina Rubio reports.