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.
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.
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.
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.
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.
Gm will acquire 11.
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.
10 said the company s success was an intricate fraud and based on an ocean of lies share this.
General motors and nikola are teaming up to work on the nikola badger a fully electric and hydrogen fuel cell electric pickup truck.
That was the worst on an intraday basis since march.