Bankrupt electric-vehicle maker Nikola Corp. has lined up commercial truck maker PACCAR Inc. to start the bidding for its ...

If a bankruptcy court approves the deal, Lucid will take over more than 884,000 square feet of facilities formerly used by ...

A passenger-EV startup has won an auction to acquire Nikola Corp.’s former headquarters and manufacturing facility -- but the ...

Lucid, an American electric vehicle company, is set to acquire select assets from Nikola, an electric and hydrogen truck ...

Nikola filed for Chapter 11 bankruptcy in February and announced job cuts later that month, impacting over 800 employees at its two Arizona facilities. Lucid has had its own share of financial ...

EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola's ...

Nikola, which was founded in 2015, filed for Chapter 11 bankruptcy protection in February. It employed more than 850 people at the time of the bankruptcy filing. The company noted during the April ...

Subsequently, Nikola filed for court protection with the U.S. Bankruptcy Court for the District of Delaware on Feb. 19. “Like other companies in the electric vehicle industry, we have faced ...

California-based Lucid Group on Friday said it will acquire select Arizona-based facilities and assets previously belonging ...

The deal is subject to approval by the U.S. Bankruptcy Court for the District of Delaware. The deal does not include acquiring Nikola's business ... In June 2024, Milton filed a multi-billion ...

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 ...

Nikola had been trying to sell its whole business since it filed for bankruptcy protection in February. Lucid is focused on making passenger EVs and has never dealt with hydrogen-powered electric ...