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September 8, 2020 12:38 pm GMT
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/_x-Ncr8HOjs/
General Motors takes $2 billion stake in electric truck startup Nikola
Nikola and General Motors today announced a strategic partnership. Through the deal, GM gets 11% ownership in startup Nikola, and will, in turn, produce Nikola’s wild fuel cell pickup truck by the end of 2022. Both companies’ shares jumped on the news, with Nikola trading up 45% and GM up 11% in pre-market trading. The […]Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/_x-Ncr8HOjs/
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