News
Lucid Wins Nikola Bankruptcy Auction, Buys Nikola Facilities for $30 Million To Boost US EV Production
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 committed close to $30 million in cash and non-cash considerations in exchange for the factory,
AUTOPOST on MSN1h
Lucid Scoops Up Nikola’s Factory and Workforce to Boost EV OutputLucid, an American electric vehicle company, is set to acquire select assets from Nikola, an electric and hydrogen truck manufacturer that filed for bankruptcy protection in February. According to ...
Just Auto on MSN23h
Lucid to acquire Nikola’s facilities and assets in Arizona, USThe deal excludes the purchase of Nikola's operations, clientele, or hydrogen fuel cell electric truck technology.
Lucid Group Inc. acquires Nikola Corp.'s Coolidge facility and assets for $30 million to expand EV production.
A recent Nikola bankruptcy auction is moving forward now that Judge Thomas M. Horan approved a sale on Friday.
3don MSN
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here ...
Lucid stock surged as much as 5.6% on Friday before losing steam. As of 1:10 p.m. ET Friday, shares were holding on to a 0.4% ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback