GM to supply production capacity, tech to Nikola in multi-billion dollar deal


Nikola BadgerGeneral Motors and Nikola on Tuesday announced a comprehensive strategic partnership that will see GM provide Nikola with technology and services in return for $2 billion worth of newly issued shares, rivaling a similar, but smaller partnership between Ford and Rivian. Under the deal, which is expected to close by September 30, GM will supply…

 » Read More