The court said on Thursday the late FilingThe
According to the filing, the Lucid factory is committed to the factory for about $ 1 million in cash and cash consideration, lease at Nicola Phoenix headquarters and “specific machinery, equipment and list”.
As part of the agreement, Lucid plans to offer about 300 former Nicola workers, the company has informed TechCrunch.
Lucid’s sudden presence in Nicola bankruptcy is a push for multiple reasons.
For one, Nicola has been trying to sell his entire business since filed for bankruptcy protection in February. Lucid passenger focuses on the creation of EV and never behaves with hydrogen -powered electric vehicles, which is a large part of Nicola’s newborn business.
Recently, Nicola founder Trevor Milton – who was convicted of fraud in 2022, was evaluating his own bid on startup assets in March. However, Nicola Milton received the court to prevent his factories and other resources before the auction, which was held on April April.
At Casa Grand, near Lucid, Arizona has its own factory, and so according to the company it shows the price of more warehouses, testing tools and employees.
Lucid was the top bidder for the assets at the auction, the bankruptcy judge was allowing the sales objection to file the objection on Friday, April 8 at 12:30 pm.