What's Happening News & Events

Lucid Expands Its Arizona Footprint With Grand Opening Of New Phoenix Hub

PHOENIX, AZ (June 11, 2025) – Lucid Group, Inc. (Nasdaq: LCID), maker of the world’s most advanced electric vehicles, today announced the opening of its Phoenix Hub facility in Arizona, following the company’s acquisition of select Nikola assets in early April. The new Lucid facility marks a strategic expansion for the company, furthering its manufacturing, product development and warehousing footprint while advancing the company’s prior planned expansion in the state. The Phoenix Hub and Coolidge site will further support the primary manufacturing factory in Casa Grande as the company continues the ramp up of Lucid Gravity production and activities. As part of the company’s planned future expansion, it aims to add as many as 500 new jobs in Phoenix over the next 3-5 years.

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Verizon Business Launches Vehicle-to-Everything Connected-Driving Platform With Multiple Customers

PHOENIX, AZ (June 4, 2025) — Verizon Business has commercially launched Edge Transportation Exchange, a mobile-network vehicle-to-everything (V2X) communication platform for connected vehicles, with multiple customers already signed on. Following a successful U.S. Department of Transportation and 5G Automotive Association joint demonstration, the Arizona Commerce Authority, Delaware Department of Transportation (DelDOT), Rutgers University Center for Advanced Infrastructure and Transportation (CAIT), and Volkswagen Group of America (VW) have begun using the platform. The ACA was first to sign on as a platform partner for Edge Transportation Exchange, advancing from trial use to production.

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NRS Logios America Inc. Announces Opening of Chemical Logistic Park In Casa Grande

CASA GRANDE, AZ (May 28, 2025) — NRS Logistics America (“NRS Logios America,”) a leading chemical-logistics company providing transport, storage and distribution, and asset leasing services for the chemical and industrial markets, announced today the opening of its Chemical Logistic Park in Casa Grande, Arizona. A joint venture company between NRS Corporation and the Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN), NRS Logios America’s facility represents a $90 million investment. The company currently employs 30 people, and expects to hire 100 people at full buildout.

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