Lucid Group, Inc. has announced an agreement to acquire select facilities and assets in Arizona that were previously owned by Nikola Corporation, pending approval from the U.S. Bankruptcy Court for the District of Delaware. Notably, the transaction does not include Nikola’s business, customer base, or technology related to its hydrogen fuel cell electric trucks.
As part of the deal, Lucid plans to extend employment offers to over 300 former Nikola employees, with positions available across its Arizona facilities. These roles will include a range of technical, salaried, and hourly positions in manufacturing engineering, software development, assembly, vehicle testing, and warehouse support. Lucid’s offer aims to bring in employees with strong EV technology experience while contributing to the local community.
The acquisition will see Lucid take ownership of Nikola’s former Coolidge manufacturing facility (680 E Houser Rd, Coolidge, AZ) and the Phoenix facility (4141 E Broadway Rd, Phoenix, AZ), previously used as Nikola’s headquarters and product development center. Together, these facilities add over 884,000 square feet to Lucid’s Arizona presence, with much of the space dedicated to advanced manufacturing and warehousing. The buildings also contain key development equipment, including battery and environmental testing chambers, a full-size chassis dynamometer, and machining tools.
This acquisition comes after Nikola’s bankruptcy auction concluded on April 10, 2025, as part of its Chapter 11 bankruptcy filing.
“As we continue our production ramp of Lucid Gravity and prepare for our upcoming midsize platform vehicles, acquiring these assets is an opportunity to strategically expand our manufacturing, warehousing, testing, and development facilities while supporting our local Arizona community,” said Marc Winterhoff, Interim CEO at Lucid. “We are delighted to extend employment offers to more than 300 former employees, who bring valuable industry experience, and together with our outstanding teams, will continue powering Lucid’s industry-leading innovation.”
“Today’s announcement is fantastic news for Arizona workers and our state’s growing EV and battery manufacturing industry,” said Arizona Governor Katie Hobbs. “Arizona is the proud home of Lucid’s advanced EV manufacturing lines – and this acquisition promises to strengthen Lucid’s operations while offering continued employment to hundreds of skilled workers in our state.”
“I am honored to work with the local Lucid team to support the asset acquisition efforts of Nikola Corporation in my hometown of Coolidge,” said Arizona state Senator T.J. Shope. “This investment will be instrumental in helping those impacted by job loss to regain employment by Lucid and further solidify Lucid’s commitment to growth in Pinal County and our state, by utilizing the Coolidge facility for Lucid manufacturing operations.”
