General Motors has ended a previously announced deal with Nikola, which would have seen it supply production capacity, engineering services and technology to the Utah-based startup in exchange for shares. Instead, the two companies have hammered out a new deal much smaller in scope than the previous deal announced on September 8. The new deal...
Full ArticleGM scales back deal with Nikola, will no longer build Badger pickup
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Nikola Announces Much Smaller Deal With General Motors as Lockup Expiration Looms
Also, the Badger pickup isn't happening.
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