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Lucid Motors to Acquire Nikola’s Arizona Facilities in $30M Deal

Lucid Motors is set to acquire certain facilities in Arizona previously owned by Nikola, according to Engadget. Nikola, an electric truck maker, filed for bankruptcy earlier this year. The deal, valued at $30 million in cash and non-cash considerations, includes state-of-the-art manufacturing and warehousing buildings, along with specialized equipment. Lucid...

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