EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola’s Arizona factory and other assets, according a late Thursday night court filing. Lucid committed around $30 million in cash and non-cash considerations in exchange for the factory, Nikola’s lease on its Phoenix headquarters, and “certain machinery, […]
Lucid Motors wins bankruptcy auction for Nikola’s Arizona factory and other assets
Date:
More like thisRelated
RRB ALP Recruitment 2025: Apply for 9,970 vacancies from April 12; check selection process and other details here
The RRB ALP Recruitment 2025 application process for 9,970...
‘Gauti (Gautam Gambhir) bhai has helped me understand my potential’
Washington Sundar, a versatile all-rounder, faces the challenge of...
Apple is left without a life raft as Trump’s China trade war intensifies, analysts warn
Apple remains stranded without a life raft, experts say,...