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

Lucid Group Inc. has agreed to take over the headquarters and electric truck factory previously belonging to Nikola Corp., the manufacturer that filed for bankruptcy earlier this year.

California-based Lucid Group on Friday said it will acquire select Arizona-based facilities and assets previously belonging to bankrupt electric and hydrogen-powered truckmaker Nikola Corp. The transaction does not include the acquisition of Nikola's business,