Electric vehicle maker Lucid last month bought assets and facilities from another car marker, Nikola Motors; the latter had ...

These buildings contain a full-size chassis dynamometer, battery testing chambers, machining equipment, and advanced ...

Lucid Motors is picking up the pieces of once-hyped EV and hydrogen truckmaker Nikola, acquiring key facilities and assets in Arizona for $30 million. The deal, announced Friday, does not include ...

Marc Winterhoff said several companies had contacted Lucid to "discuss possible cooperation" in the wake of President Donald ...

The 7 at 7 includes an update on the proposed Axon HQ in Scottsdale and Lucid Motors announcing they will buy Nikola EV ...

or technology related to Nikola's hydrogen fuel cell electric trucks. Additionally, Lucid plans to offer employment to more than 300 former Nikola employees in roles across Lucid's Arizona facilities.

The interim CEO said “several players” have reached out to explore “joint manufacturing” in the U.S., potentially at the former Nikola factory in Coolidge, Arizona, that Lucid is now leasing.

Lucid Group stock price has crashed this year and is underperforming the broader market amid growth and profitability ...

Lucid Group Inc. is garnering automaker interest in its technology and manufacturing capabilities at its Arizona assembly plant.