Nikola Corp. NKLA said Friday that it will move its battery-making manufacturing operations to Arizona from California, as the Phoenix-based electric vehicle maker looks to “optimize” costs. The move is expected to be completed early in the third quarter, with the Cypress, Calif. production facility expected to close by July. “We are still in the process of evaluating how many jobs will be impacted,” a Nikola spokesperson said. “[S]ome employees will be given an opportunity to relocate,” the...

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