Electric car maker Lucid plans first LI service center

Lucid, a Newark, Calif.-primarily based electric powered car or truck producer, options to open its very first Extensive Island support heart early following calendar year. 

The business has leased 24,000 square ft at 45 South Company Street in Plainview, in which it will develop the new facility which is predicted to open in the to start with quarter of 2023. 

Lucid now maintains one particular locale on Extensive Island, a studio at the Americana Manhasset retail sophisticated. The Plainview facility will be just the motor vehicle maker’s second assistance heart in the Northeast, as it is scheduling to open up another in Natick, Mass. this tumble. 

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45 South Services Road Plainview / Google Maps picture

The Plainview area was formerly occupied by prolonged-time tenant Coram CVS, a household infusion supplier. Substantial renovations have been just finished on the 100,000-sq.-foot 45 South Support Street building, which provided a new façade and photo voltaic panel set up on a new roof. 

Publicly traded Lucid started providing its initially vehicles to shoppers in Oct. 2021. When initially started in 2007, the company was named Atieva and focused on making powertrains and batteries for other EV suppliers. The firm was rebranded as Lucid in 2016, when it introduced it would make its personal brand of electric powered automobiles. 

Last thirty day period, the business lifted the price ranges of its EV line, with its least expensive priced product called Air Pure now marketing for $87,400 and its bigger-conclude design Air Grand Touring priced at $154,000. Lucid’s base design EV has a range exceeding 500 miles on a one demand, in accordance to EPA estimates. It can go from zero to 60 miles for every hour in 2.5 seconds. 

Lucid, which has been having difficulties with source-chain concerns, had to trim its 2022 generation outlook from 20,000 to involving 12,000 and 14,000 autos, in accordance to released studies. The business reported a internet decline of $81.3 million for the very first quarter of the 12 months. Nonetheless, Lucid also has a lot more than 30,000 reservations from prospective buyers, representing income of $2.9 billion.

Jordan Oliver of Newmark represented Lucid, when landlord WK Equities was self-represented in the Plainview lease transaction.