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View Full Version : GM buys $2 billion stake in Nikola, will build Badger hydrogen-electric pickup


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09-08-2020, 07:50 AM
Filed under: Green (https://www.autoblog.com/category/green-auto-news/),Plants/Manufacturing (https://www.autoblog.com/category/plants-manufacturing/),GM (https://www.autoblog.com/category/gm/),Electric (https://www.autoblog.com/category/electric/),Hydrogen (https://www.autoblog.com/category/hydrogen/)
https://o.aolcdn.com/images/dims3/GLOB/crop/2560x1440+190+0/resize/800x450!/format/jpg/quality/85/https://s.aolcdn.com/os/ab/_cms/2020/09/08091822/nikola_corporation_badger_ev_fcev_pickup_0013.jpg Shares of Nikola, which competes with Tesla Inc's Cybertruck, soared more than 30% to $46.30 in pre-market trade. General Motors will receive $2 billion in newly issued Nikola stock and will get a right to nominate one director to the electric truck maker's board. As a manufacturing partner, the No.1 U.S. automaker said it will build the Nikola Badger with either an electric battery or fuel cell electric variants.Continue reading GM buys $2 billion stake in Nikola, will build Badger hydrogen-electric pickup (https://www.autoblog.com/2020/09/08/gm-buys-stake-in-nikola-will-build-badger-hydrogen-electric-pickup/)
GM buys $2 billion stake in Nikola, will build Badger hydrogen-electric pickup (https://www.autoblog.com/2020/09/08/gm-buys-stake-in-nikola-will-build-badger-hydrogen-electric-pickup/) originally appeared on Autoblog (https://www.autoblog.com) on Tue, 8 Sep 2020 09:18:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).


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