EV maker Lucid to buy ‘select’ Nikola property in Arizona, hire former workers

Luxury electric vehicle company Lucid Group, Inc. announced on Friday that it has reached an agreement to acquire “select facilities and assets” in Arizona that previously belonged to Nikola Corporation, which filed for bankruptcy earlier this year.

Luxury electric vehicle company Lucid Group, Inc. announced on Friday that it has reached an agreement to acquire “select facilities and assets” in Arizona that previously belonged to Nikola Corporation, which filed for bankruptcy earlier this year.