Battery-electric vehicle company Lucid buys Nikola's assets in bankruptcy auction, but excludes hydrogen truck business

Nikola has also sold its 20% stake in a blue ammonia project in the state of Indiana for $1m

Battery-electric versions of Nikola's Tre trucks at its manufacturing site in Coolidge, Arizona — Battery-electric versions of Nikola's Tre trucks at its manufacturing site in Coolidge, ArizonaPhoto: Nikola

Polly Martin

Senior Reporter

Published 11 April 2025, 10:08Updated 11 April 2025, 10:08

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