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 ...

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 ...

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

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 ...

Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.

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

LCID agrees to acquire several Arizona facilities and equipment previously owned by Nikola to expand its footprint in Arizona ...

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 ...

A competitor in the electric vehicle market has swooped in at auction to purchase some of Nikola's key assets in Arizona, including its Coolidge manufacturing facility. Join the Phoenix Business ...

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