GM takes large stake in Nikola, will build electric Badger pickup truck

Posted on 9/8/20 via trucks.com

General Motors will take a large stake in hydrogen and fuel cell truck startup Nikola Corp. and they will work together to bring the Badger pickup truck and other projects to market. Nikola will exchange $2 billion in newly issued common stock for the in-kind services and access to GM components and technology. Full story

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