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G.M. Scales Down Nikola Deal

2 pointsby theBashShellover 4 years ago

1 comment

perardiover 4 years ago
The seemingly important bit:<p>“The new agreement calls for G.M. to sell fuel-cell technology to Nikola. Gone are provisions for G.M. to take a $2 billion stake in Nikola, and for G.M. to produce an electric pickup truck for the Phoenix-based company. Nikola said it no longer planned to produce that pickup, the Badger.”