Phoenix could help Lucid Motors get tax breaks for $700M electric car plant in Casa Grande via Foreign Trade Zone expansion
by Mike Sunnucks | Rose Law Group Reporter
The all electric Lucid Air luxury sedan.
The city of Phoenix is considering a request to include Lucid Motors planned electric car plant in Casa Grande in a Foreign Trade Zone.
Phoenix is the local administrator of Foreign Trade Zone Number 75. The zones offer lower federal custom duties and companies in the Arizona zone pay lower property taxes.
The Phoenix City Council will consider a request at its Wednesday meeting to include Lucid’s planned 1.5 million-square-foot plant on 496 acres in Casa Grande.
