Lucid, the California-based automaker behind some of the world’s most technologically advanced electric vehicles, emphasized that the agreement includes facilities but not Nikola’s business operations, customer relationships, or hydrogen fuel cell technology.
As part of the deal, Lucid intends to offer jobs to more than 300 former Nikola employees, ranging from engineers and software developers to assembly and warehouse workers, reinforcing the company’s commitment to both local investment and experienced talent in the electric mobility space.
“This is a strategic opportunity to expand our footprint while continuing to invest in the Arizona community,” said Marc Winterhoff, Lucid’s interim chief executive, in a statement. “As we ramp up production of the Lucid Gravity SUV and prepare for our upcoming midsize platform, these newly acquired facilities will be instrumental in supporting our growth.”
The agreement includes two major sites: Nikola’s former manufacturing plant in Coolidge, Arizona, and the company’s previous headquarters and development center in Phoenix. The Coolidge plant, located at 680 E. Houser Road, was a flagship facility for Nikola and is equipped with specialized manufacturing infrastructure. The Phoenix property, at 4141 E. Broadway Road, previously served as a central hub for Nikola’s R&D activities. Together, the facilities include advanced equipment such as battery testing labs, environmental chambers, a full-size chassis dynamometer, and machining capabilities.
Arizona state officials welcomed the news as a win for both displaced workers and the region’s growing reputation as a center for EV production.
“Today’s announcement is fantastic news for Arizona workers and our state’s thriving electric vehicle and battery manufacturing sector,” said Governor Katie Hobbs. “Lucid’s continued expansion underscores Arizona’s role as a national leader in clean energy innovation.”
State Senator T.J. Shope, who represents Coolidge, echoed the sentiment: “This investment will help those impacted by job loss regain employment, and it reinforces Lucid’s long-term commitment to growth in Pinal County.”
The acquisition follows Nikola’s Chapter 11 bankruptcy filing and the conclusion of a court-supervised asset auction on April 10. Once finalized, the transaction will mark a significant consolidation in Arizona’s EV landscape—one company’s financial unraveling feeding the next’s strategic ascent.
With its flagship Lucid Air sedan already in production and the Gravity SUV on the horizon, Lucid’s move reflects both a need for increased manufacturing capacity and a bet on the continued acceleration of the electric transition.
Lucid Group, Inc. trades on Nasdaq under the symbol LCID and is known for its focus on high-performance electric vehicles designed and manufactured in the United States.