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The electric luxury carmaker is expanding its Arizona footprint by scooping up Nikola’s former manufacturing and development ...
The deal excludes the purchase of Nikola's operations, clientele, or hydrogen fuel cell electric truck technology.
"As we continue our production ramp of Lucid Gravity and prepare for our upcoming midsize platform vehicles, acquiring these ...
As part of the deal, Lucid intends to offer jobs to more than 300 former Nikola employees, ranging from engineers and ...
Nikola, under new management ... Hindenburg, which also issued a highly critical report against Tempe-based used-car retailer Carvana, shut down its operations earlier this year, days before ...
In a deal linking two Arizona manufacturers of electric vehicles, Lucid plans to acquire former assets of Nikola and extend ...
Nikola has failed to establish itself as a manufacturer of electric trucks and has gone bankrupt. The bankruptcy assets will now probably go to a neighbor. Lucid Motors has surprisingly prevailed ...
The company plans to hire over 300 former employees from the factory. Luxury EV maker Lucid Motors has confirmed the acquisition of certain facilities in Arizona from Nikola Motors, following the ...
The transaction does not include the acquisition of Nikola's business, customer base, or technology related to Nikola's hydrogen fuel cell electric trucks, the electric vehicle maker said in a ...