Equipment GM drops Nikola investment, drafts new MoU November 30, 2020 PHOENIX, Ariz. – Nikola has entered into a non-binding Memorandum of Understanding with General Motors, replacing the previous transaction announced Sept. 8. Under the agreement, GM’s Hydrotec fuel cell system…
Equipment GM to supply Nikola with fuel cells, takes 11% ownership stake September 8, 2020 DETROIT, Mich. – General Motors has taken an 11% ownership stake in Nikola, after inking a strategic partnership to engineer and manufacture the Nikola Badger pickup truck. Nikola says the…
