It was a perfect storm kind of thing, and it was all hands on deck, 15-hour days from that day until closing." ...

In a deal linking two Arizona manufacturers of electric vehicles, Lucid plans to acquire former assets of Nikola and extend offers to 300 workers.

EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola's ...

The electric luxury carmaker is expanding its Arizona footprint by scooping up Nikola’s former manufacturing and development ...

The deal excludes the purchase of Nikola's operations, clientele, or hydrogen fuel cell electric truck technology.

California-based Lucid Group on Friday said it will acquire select Arizona-based facilities and assets previously belonging ...

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If a bankruptcy court approves the deal, Lucid will take over more than 884,000 square feet of facilities formerly used by ...

A passenger-EV startup has won an auction to acquire Nikola Corp.’s former headquarters and manufacturing facility -- but the ...

Lucid Motors has announced that it acquired some of Nikola Motor’s assets out of its bankruptcy, including its factory, and it will offer jobs to over 300 of its employees. Nikola, a ...

Lucid to acquire Nikola’s Arizona sites for $30M, adding 884K sq. ft. and hiring 300+ ex-Nikola staff in EV expansion push. Deal boosts Lucid’s manufacturing scale with top-tier equipment ...

Lucid Group, Inc (NASDAQ:LCID) announced Friday that it has agreed to acquire select facilities and assets in Arizona previously belonging to Nikola Corp (OTC:NKLAQ) in the bankruptcy auction. Lucid ...