BRIEF-Lucid To Acquire Select Facilities And Assets Previously Belonging To Nikola Corporation-April 2024-www.financetom.com

BRIEF-Lucid To Acquire Select Facilities And Assets Previously Belonging To Nikola Corporation

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BRIEF-Lucid To Acquire Select Facilities And Assets Previously Belonging To Nikola Corporation

Apr 10, 2025 11:51 PM

April 11 (Reuters) - Lucid Group Inc ( LCID ):

* LUCID TO ACQUIRE SELECT FACILITIES AND ASSETS PREVIOUSLY

BELONGING TO NIKOLA CORPORATION, WILL EXTEND OFFERS TO 300+

FORMER NIKOLA EMPLOYEES

* LUCID GROUP INC ( LCID ) - TO OFFER EMPLOYMENT TO 300+ FORMER

NIKOLA

EMPLOYEES

* LUCID GROUP INC ( LCID ) - TO TAKE OVER NIKOLA'S COOLIDGE AND

PHOENIX

FACILITIES

* LUCID GROUP ( LCID ) - DEAL EXCLUDES NIKOLA'S BUSINESS, CUSTOMER

BASE,

AND TECHNOLOGY RELATED TO NIKOLA'S HYDROGEN FUEL CELL ELECTRIC

TRUCKS.

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