Lucid Group's Strategic Expansion in Arizona

In a significant move to bolster its production capabilities, Lucid Group, Inc. has announced plans to acquire Nikola Corporation's former facilities in Arizona. This acquisition, pending approval from the US Bankruptcy Court, includes the Coolidge and Phoenix sites, expanding Lucid's operational space by over 884,000 square feet.

Employment Opportunities for Former Nikola Employees

As part of its expansion, Lucid is set to offer employment to more than 300 former Nikola employees, filling various technical and manufacturing roles. This initiative not only supports the local workforce but also strengthens Arizona's position in the electric vehicle (EV) and battery manufacturing sector.

Governor Hobbs Applauds Lucid's Commitment to Arizona

"Today's announcement is fantastic news for Arizona workers and our state's growing EV and battery manufacturing industry," stated Arizona Governor Katie Hobbs, highlighting the positive impact of Lucid's expansion on the state's economy and employment landscape.