Lucid to Acquire Nikola Facilities and Assets in Arizona

Lucid & Nikola

Lucid Expands U.S. Footprint with Key Facility Acquisition

Electric vehicle maker Lucid Group has agreed to acquire assets from bankrupt rival Nikola Corporation, further expanding its Arizona operations. Lucid will take over Nikola’s Coolidge manufacturing plant and Phoenix development facility, both critical to Nikola’s former truck production efforts.

The assets include battery development and environmental testing chambers, which align with Lucid’s growing focus on in-house component testing. This acquisition is subject to approval by the U.S. Bankruptcy Court for the District of Delaware following Nikola’s Chapter 11 filing completed on 10 April.

Lucid to Absorb Former Nikola Workforce

As part of the deal, Lucid plans to employ more than 300 former Nikola workers, aiming to retain valuable EV talent. The move provides operational continuity for Lucid while preserving jobs in the Arizona EV manufacturing sector.

Meanwhile, Lucid reported 3,109 vehicle deliveries in the first quarter of 2025 — a 58% increase from the same period last year. This growth, combined with the asset acquisition, signals Lucid's commitment to scaling up U.S. production and engineering capabilities.

Strategic Expansion Amid Industry Consolidation

The Coolidge and Phoenix facilities offer Lucid immediate access to infrastructure for advanced testing and localized manufacturing. With U.S. EV competition intensifying, strategic acquisitions like this provide a faster path to capacity growth and vertical integration.

The Metalnomist Commentary

Lucid’s takeover of Nikola’s Arizona sites reflects the broader realignment in U.S. EV manufacturing. As newer players collapse, survivors like Lucid capitalize — gaining assets, talent, and time.