Brief: Lucid To Acquire Select Facilities And Assets Previously Belonging To Nikola Corporation
11/04/2025 07:21
April 11 (Reuters) - Lucid Group Inc LCID.O: LUCID TO ACQUIRE SELECT FACILITIES AND ASSETS PREVIOUSLY BELONGING TO NIKOLA CORPORATION, WILL EXTEND OFFERS TO 300+ FORMER NIKOLA EMPLOYEES LUCID GROUP INC - TO OFFER EMPLOYMENT TO 300+ FORMER NIKOLA EMPLOYEES LUCID GROUP INC - TO TAKE OVER NIKOLA'S COOLIDGE AND PHOENIX FACILITIES LUCID GROUP - DEAL EXCLUDES NIKOLA'S BUSINESS, CUSTOMER BASE, AND TECHNOLOGY RELATED TO NIKOLA'S HYDROGEN FUEL CELL ELECTRIC TRUCKS. Source text: ID:nPnbkL586a Further company coverage: LCID.O ((Reuters.Briefs@thomsonreuters.com;))
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