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Lucid Motors has announced that it's acquiring certain facilities in Arizona owned by Nikola, an EV truck maker that filed for Chapter 11 bankruptcy protection back in February. It will also offer more than 300 former Nikola employees jobs across its facilities in the state, including roles in engineering, software, assembly, vehicle testing and warehouse support. Lucid says that most of the space it's buying is comprised of state-of-the-art manufacturing and warehousing buildings. It's also getting the equipment inside those buildings, such as Nikola's battery and environmental testing chambers, machining equipment and a full-size chassis dynamometer, among others. Nikola, which was founded in 2015, used those facilities as its factory, headquarters and development center for zero-emission heavy trucks. When it announced its bankruptcy in February, the company also said that it was going to sell off its assets. Lucid didn't say how much it's paying for the purchase, but the deal is valued at $30 million in cash and non-cash considerations, according to Electrek. The acquisition is part of Lucid's planned expansion in Arizona, but it still has to be approved by the US Bankruptcy Court for the District of Delaware. "As we continue our production ramp of Lucid Gravity and prepare for our upcoming midsize platform vehicles, acquiring these assets is an opportunity to strategically expand our manufacturing, warehousing, testing, and development facilities while supporting our local Arizona community," said Marc Winterhoff, Interim CEO at Lucid. The company launched its electric SUV, Gravity, 2024. At the moment, only the $94,000 Grand Touring trim is available, but Lucid plans to start production for the $79,900 Touring model sometime this year.This article originally appeared on Engadget at https://www.engadget.com/transportation/lucid-to-buy-nikolas-arizona-ev-facilities-after-the-latters-bankruptcy-123027329.html?src=rss
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As it said it would do earlier this year, Google has laid off hundreds of employees from its Platforms and Devices division, The Information reported. That part of the company, which employs over 25,000 people, houses its Pixel phones and smartwatches, Nest devices, the Android and ChromeOS platforms and Chrome browser. In January, Google offered buyouts to let them leave as part of a "voluntary exit plan." "Since combining the platforms and devices teams last year, we've focused on becoming more nimble and operating more effectively and this included making some job reductions in addition to the voluntary exit program that we offered in January," a Google spokesperson told The Information. The Platform and Devices group was formed in April 2024 as a merger of two units, Platforms and Ecosystems and Devices and Services, with SVP Rick Osterloh put in charge. In January, he told employees that the buyouts were available "for those struggling to meet the demands of their role or those unhappy with the company's hybrid work setup." The decision to offer buyouts rather than immediately laying off workers was reportedly prompted by employee complaints over previous layoffs. Meta also announced layoffs in January, and tech firms have been steadily laying off workers over the past couple of years. An exception to that has been in the area of artificial intelligence (AI) which has conversely faced a shortage of skilled employees. This article originally appeared on Engadget at https://www.engadget.com/big-tech/google-lays-off-hundreds-of-people-from-inside-its-platform-and-devices-division-122328196.html?src=rss
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Tesla has started selling its much-awaited RWD Cybertruck but it'll cost a cool $10K more than originally promised and be missing some key figures from the AWD version. However, the $69,990 Long Range model will have 350 miles of range, 100 more than Tesla stated when it first unveiled the polarizing pickup EV. The new model arrives with Tesla reportedly facing anemic Cybertruck sales and a recent backlash against the automaker and its CEO Elon Musk. The Long Range Cybertruck is now the cheapest version of that model, but it's a far cry from the $40,000 price tag Musk promised back in 2019. It's missing a few key features like the rear power tonneau that covers the bed, with the configurator only offering a "soft tonneau" for the model. Also gone are the adaptive suspension, rear lightbar, backseat screen and bed outlets that were much-touted feature at launch. It is $10,000 cheaper than the AWD version and offers 25 extra miles of range. However, $70,000 is a lot of money for a RWD pickup truck with a cloth interior, given that you can buy a well-equipped Ford F-150 or an extended-range F-150 Lightning for around the same price. The Cybertruck has been much derided, but Tesla also failed to deliver it with the promised price and specs. The company at one point boasted over a million reservations for the pickup but has only sold around 50,000 units and reportedly isn't even accepting trade-ins itself for the model. This article originally appeared on Engadget at https://www.engadget.com/transportation/evs/teslas-70000-rwd-cybertruck-arrives-with-some-key-features-removed-120044840.html?src=rss
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