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Californian EV maker Lucid to acquire Nikola’s production assets

Nikola's HQs were in Phoenix, Arizona, close to the vehicle production site. More into details, As part of the agreement, Lucid will take over Nikola's former Coolidge manufacturing facility, as well as the Phoenix facility, previously used as Nikola's headquarters and product development center. Al...
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BYD may start building electric vehicles in Brazil

According to Reuters, the Chinese company would rely on the support granted by the local government in order to 'fill the gap' left by Ford, which dismissed in 2021 its industrial complex in Northeastern State of Bahia, Brazil.
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