Gm Electric Truck Nikola

Gm rallied more than 7 while news of its partnership with nikola was one factor in a rout of elon musk s electric car darling tesla inc.

Gm electric truck nikola.

General motors is taking a stake in electric truck maker nikola as part of a partnership to help manufacture the company s electric and hydrogen pickup truck the badger. The deal with gm held the prospect of providing crucial help in assembling a pickup truck that nikola hopes to introduce by the end of 2022. Nikola and gm are teaming up to take on tesla s cybertruck the electric truck startup announced tuesday it has selected gm to be its manufacturing parter for its electric pickup truck dubbed the. Under the deal nikola will be responsible for the sales and marketing of the badger built on gm s new battery electric truck underpinnings and using gm fuel cell and battery technology.

Electric and fuel cell pickup truck maker nikola just got a 2 billion shot in the swing arm from a new strategic partnership with general motors gm announced this morning that the two companies. 10 said the company s success was an intricate fraud and based on an ocean of lies share this. Gm will acquire 11. Founder of nikola gm electric truck partner quits amid allegations a report sept.

Nikola and gm announced a partnership that gives gm an ownership stake in the hydrogen electric startup in exchange for use of gm s battery system and fuel cell tech.