Lucid, an American electric vehicle company, is set to acquire select assets from Nikola, an electric and hydrogen truck ...

Nikola filed for Chapter 11 bankruptcy in February and announced job cuts later that month, impacting over 800 employees at its two Arizona facilities. Lucid has had its own share of financial ...

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

In a deal linking two Arizona manufacturers of electric vehicles, Lucid plans to acquire former assets of Nikola and extend ...

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 ...

Subsequently, Nikola filed for court protection with the U.S. Bankruptcy Court for the District of Delaware on Feb. 19. “Like other companies in the electric vehicle industry, we have faced ...

Lucid Motors has announced that it's acquiring certain facilities in Arizona owned by Nikola, an EV truck maker that filed for Chapter 11 bankruptcy protection back in February. It will also offer ...

The deal is subject to approval by the U.S. Bankruptcy Court for the District of Delaware. The deal does not include acquiring Nikola's business ... In June 2024, Milton filed a multi-billion ...

Lucid Motors has announced that it's acquiring certain facilities in Arizona owned by Nikola, an EV truck maker that filed for Chapter 11 bankruptcy protection back in February. It will also offer ...

Nikola had been trying to sell its whole business since it filed for bankruptcy protection in February. Lucid is focused on making passenger EVs and has never dealt with hydrogen-powered electric ...