Lucid Acquires Nikola's Arizona Facilities
This is a Arizona news story, published by Engadget, that relates primarily to Nikola news.
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Lucid MotorsEngadget
•Technology
Technology
Lucid to buy Nikola's Arizona EV facilities after the latter's bankruptcy
78% Informative
Nikola filed for bankruptcy in February and announced that it was going to sell off its assets.
Lucid Motors is buying the facilities in Arizona owned by Nikola , an EV truck maker.
The deal is valued at $30 million in cash and non-cash considerations.
It will also offer more than 300 former Nikola employees jobs across its facilities.
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