Sign Up Now!

Sign up and get personalized intelligence briefing delivered daily.


Sign Up

Articles related to "comment"


GM scales back partnership with electric truck startup Nikola

  • A link has been posted to your Facebook feed.
  • Welcome to our new and improved comments, which are for subscribers only.
  • You do not need a Facebook profile to participate.
  • You will need to register before adding a comment.
  • If you see comments in violation of our community guidelines, please report them.
  • General Motors Co. scaled back a partnership with clean-energy trucking startup Nikola Corp., scrapping a tentative deal to jointly build an electric pickup truck and replacing it with a non-binding deal to supply hydrogen-fuel technology.
  • Under terms of a non-binding memorandum of understanding announced Monday, GM will allow Nikola to use its hydrogen fuel-cell technology in planned semi trucks.
  • The agreement doesn’t include GM taking an equity stake in Nikola, unlike a deal proposed in September, and also drops plans for GM to manufacture a battery-powered pickup for Nikola called the Badger.

save | comments | report | share on