Shares of EV maker Lucid Group, Inc. (LCID) were in the spotlight on Friday after the companyannounced that it will acquire select facilities and assets in Arizona previously belonging to bankrupt EV truck maker Nikola Corporation.

California-based Lucid Group on Friday said it will acquire select Arizona-based facilities and assets previously belonging to bankrupt electric and hydrogen-powered truckmaker Nikola Corp .

EV startup Lucid Motors has emerged as a surprise winner in the bankruptcy auction for electric trucking company Nikola's Arizona factory and other