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Lucid (LCID.US) takes over part of Nikola's Assets in Arizona, accelerating the consolidation of the electric vehicle Industry in the USA.
On Friday local time, Lucid Group announced that it would acquire certain infrastructure facilities and Other Assets of the bankrupt electric and hydrogen-powered truck manufacturer Nikola Corp located in Arizona.
Lucid to Acquire Select Facilities & Assets Previously Belonging to Nikola Corp.
Express News | Lucid Group - Deal Excludes Nikola's Business, Customer Base, and Technology Related to Nikola's Hydrogen Fuel Cell Electric Trucks.
Express News | Nikola Founder Trevor Milton Wants to Buy the Bankrupt Startup’s Assets - Techcrunch
Express News | Nikola: Recognized Impairment Charge of $33.4 Mln During 9 Months Ended Sept 30, 2024 Related to Indefinite-Lived Intangible Assets & Goodwill
Express News | Nikola Corp: Co Recognized Increase in Revenue for Year Ended Dec 31, 2024 Compared to Year Ended Dec 31, 2023