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

Lucid Motors is picking up the pieces of once-hyped EV and hydrogen truckmaker Nikola, acquiring key facilities and assets in Arizona for $30 million. The deal, announced Friday, does not include Nikola’s hydrogen truck business or customer relationships,

Lucid Group, Inc (NASDAQ: LCID) to acquire facilities and assets previously owned by Nikola Corp in Arizona for $30M, not including business or tech. Deal subject to approval. Will offer jobs to over 300 former Nikola employees.