announced today that they have entered into an agreement to acquire select facilities and assets that previously belonged to Nikola Corporation. The deal also includes extending job offers to over 300 former employees of Nikola.
This acquisition marks a significant expansion for Lucid Motors, a leader in the electric vehicle industry. By acquiring these facilities and assets, Lucid will be able to further enhance their production capabilities and scale up their operations. The acquisition will also allow Lucid to bring on board a highly skilled workforce from Nikola, further strengthening their team.
Peter Rawlinson, CEO and CTO of Lucid Motors, expressed his excitement about the acquisition and the opportunity to work with the former Nikola employees. He emphasized the importance of continuing to innovate and push the boundaries of electric vehicle technology.
Overall, this acquisition represents a strategic move for Lucid Motors as they continue to grow and establish themselves as a major player in the electric vehicle market. The company’s commitment to innovation and excellence is evident in this latest development, and they are poised to make a significant impact in the industry.
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