Bankrupt electric vehicle maker Nikola Corp. won court permission to auction its Arizona manufacturing facility, an asset creditors said may prove especially valuable to automakers as the Trump ...

Automaker Lucid Group bought Nikola’s headquarters in Phoenix and its manufacturing facility in Coolidge, Ariz., after an April 7 auction of the bankrupt truck maker’s assets, it said April 11. Court ...

A passenger-EV startup has won an auction to acquire Nikola Corp.’s former headquarters and manufacturing facility. However, Lucid Group apparently will be using the facilities to expand the footprint ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Lucid Group's strategic moves in ...

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 ...

Lucid Group announced Friday it had won a bid to buy “select facilities and assets” previously held by hydrogen truck maker Nikola in a bankruptcy auction. The transaction doesn’t include Nikola’s ...

Lucid Group Inc. has agreed to take over the headquarters and electric truck factory previously belonging to Nikola Corp., the manufacturer that filed for bankruptcy earlier in 2025. In addition to ...

PHOENIX — California-based Lucid Group Inc. has opened its new Phoenix hub facility and Coolidge manufacturing plant after acquiring both sites from Nikola Corp. amid the Phoenix electric truck ...