Autoblog

Lucid Snaps Up Nikola’s Facilities and Employees Following Bankruptcy

The electric luxury carmaker is expanding its Arizona footprint by scooping up Nikola’s former manufacturing and development facilities out of bankruptcy. Lucid Motors is picking up the pieces of once ...
AZ Central

Lucid offers to hire 300 displaced Nikola workers as part of bankruptcy case

Lucid Group announced it will purchase important facilities and assets that formerly belonged to Nikola Corp. and will offer jobs to more than 300 of Nikola’s displaced workers. The move links Arizona ...
Just Auto

Lucid to acquire Nikola’s facilities and assets in Arizona, US

Lucid will take over Nikola’s former manufacturing facility in Coolidge and the Phoenix facility. Credit: Tada Images/Shutterstock. Lucid Group has agreed to acquire certain facilities and assets in ...
FOX 10 Phoenix

EV maker Lucid expands its operations to Phoenix

EV maker Lucid is growing again as it moved into Nikola's former Phoenix building on June 11. When Nikola filed for bankruptcy, Lucid acquired select assets from the company, including the Phoenix ...
WHNT

Lucid to Acquire Select Facilities and Assets Previously Belonging to Nikola Corporation, Will Extend Offers to 300+ Former Nikola Employees

NEWARK, Calif., April 11, 2025 /PRNewswire/ -- Lucid Group, Inc. (Nasdaq: LCID), maker of the world's most advanced electric vehicles, today announced it has reached an agreement to acquire select ...
Nasdaq

Lucid to Buy Nikola Facilities to Expand Footprint in Arizona

Lucid Group, Inc. LCID, a U.S.-based EV manufacturer, has agreed to acquire several Arizona-based facilities previously owned by Nikola, an electric truck manufacturer that filed for Chapter 11 ...
Hosted on MSN

Lucid Motors looks to buy Nikola's Arizona facilities and hire 300 employees

Lucid Motors has announced plans to buy facilities in Arizona currently owned by Nikola Corporation. In an announcement Friday, Lucid officials said they had reached an agreement to take over Nikola’s ...
The Business Journals

Behind the deal: How this Valley firm helped Lucid acquire Nikola's Arizona factory

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Lucid Group has agreed to pay ...
The Business Journals

Lucid expands Arizona footprint with Phoenix facility, Coolidge plant acquired from Nikola

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Lucid Group's strategic moves in ...
Barchart on MSN

Rivian is copying Tesla’s playbook, but is RIVN a better buy than TSLA for 2026?

The slump in the U.S. electric vehicle (EV) industry continued in 2025, and several startups, including Nikola (NKLAQ) and ...
AZFamily

Lucid to acquire former Nikola EV assets in Arizona

The winning ticket, worth $1,473,612, was sold at a Walmart in Green Valley near Interstate 19 and Nogales Highway. The board met in a closed executive session Friday night. Right now, it is still ...