Lucid, maker of luxurious EVs such because the smooth and quick Air sedan and the upcoming Gravity SUV, has entered an settlement to amass choose services and property in Arizona from Nikola Company – a disgraced EV firm poised to supply vans which can be rivals to the Tesla Semi. Aligned with the corporate’s plans for aggressive manufacturing growth, the deal continues to be topic to approval by the US Chapter Court docket for the District of Delaware – although notably, it would not embrace Nikola’s enterprise operations, buyer base, and hydrogen gas cell expertise.
2025 Lucid Air
- Base MSRP
-
$69,900
- Base Trim Drivetrain
-
Rear-Wheel Drive
- Base Trim Transmission
-
Single-speed computerized
- Base Trim Horsepower
-
480 hp
“As we proceed our manufacturing ramp of Lucid Gravity and put together for our upcoming midsize platform autos, buying these property is a chance to strategically develop our manufacturing, warehousing, testing, and growth services whereas supporting our native Arizona neighborhood.”
– Marc Winterhoff, Interim CEO at Lucid.
Two Services Up For Acquisition In Arizona
Lucid Motors, with its latest change in management, is up for the acquisition of two Nikola services in Arizona, particularly the Coolidge manufacturing facility and the one in Phoenix, which served as Nikola’s headquarters and product growth middle. Belongings to be included within the sale ought to embrace state-of-the-art manufacturing and warehouse areas, battery and environmental testing chambers, full-size chassis dynamometer, and machining gear.
Associated
Lucid Is Copying Ford And Polestar To Steal Tesla Prospects
If the Tesla possession expertise is just not fairly what you hoped, Lucid will give you 1000’s off an Air.
The services cowl a complete space of over 884,000 sq. ft, increasing Lucid’s footprint within the state. And whereas Lucid could also be taking on these services, the earlier jobs there are deliberate to be provided to former Nikola workers, with positions overlaying manufacturing engineering, software program, meeting, car testing, and warehouse help.
Increasing Lucid’s Manufacturing Gravitas
Lucid Motors entered the settlement to amass Nikola’s property after successful the public sale simply this week. It was a part of Nikola’s Chapter 11 chapter submitting after dealing with numerous controversies over time as a result of fraud and different irregularities. That mentioned, the Arizona authorities is fairly happy with the transfer because it “strengthens Lucid’s operations whereas providing continued employment to a whole lot of expert employees in our state.”
Associated
The Lucid Gravity Is About To Seem On Tesla’s Residence Turf
The Lucid Gravity’s exceptional new powertrain prices quick. Too quick, actually, for Tesla V3 Superchargers.
With the Gravity simply coming into manufacturing late final 12 months, Lucid Motors is in the course of growth, not just for the manufacturing of its present lineup, but in addition for future EVs within the pipeline, together with rumored extra inexpensive fashions. It even arrange an R&D and engineering hub proper on the gates of Detroit’s Huge Three, with complete capital investments of $10 million.
