News

Lucid Group has agreed to pay $30 million for Nikola's Arizona factory, along with the company's headquarters lease in Phoenix. Executives with Scottsdale-based Land Advisors Organization spoke to ...
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 ...
EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola's ...
California-based Lucid Group on Friday said it will acquire select Arizona-based facilities and assets previously belonging ...
The deal excludes the purchase of Nikola's operations, clientele, or hydrogen fuel cell electric truck technology.
Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
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 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 ...
If a bankruptcy court approves the deal, Lucid will take over more than 884,000 square feet of facilities formerly used by ...
Automaker Lucid Group bought Nikola’s headquarters in Phoenix and its manufacturing facility in Coolidge, Ariz., after an April 7 auction of the bankrupt truck maker’s assets, it said April 11.
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 ...