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Lucid Now Owns a Former Nikola Motors Factory
Nikola Motors declared bankruptcy earlier this year, but the formerly promising automaker’s assets aren’t going to waste. Lucid Motors recently announced that it acquired some of Nikola’s assets, ...
EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola’s Arizona factory and other assets, according to a late Thursday night court ...
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Nikola files for chapter 11 bankruptcy as cash flow issues, weak demand for vehicles take a toll
Nikola Corp., once hailed as a rising star in the electric vehicle industry, has filed for Chapter 11 bankruptcy protection, marking the end of a dramatic rise and fall. The company, which once ...
Lucid Motors has announced that it acquired some of Nikola Motor’s assets out of its bankruptcy, including its factory, and it will offer jobs to over 300 of its employees. Nikola, a manufacturer of ...
Lucid Motors says they will buy Nikola facilities in Arizona The 7 at 7 includes an update on the proposed Axon HQ in Scottsdale and Lucid Motors announcing they will buy Nikola EV facilities.
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