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

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

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

Lucid Group, Inc. announced an agreement to acquire certain facilities and assets previously owned by Nikola Corporation. The acquisition is subject to approval by the U.S. Bankruptcy Court for the ...

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

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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 ...

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 ...

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

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

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 ...