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GM just announced it is taking a $2 billion stake in Tesla rival Nikola

General Motors and Nikola announced a $US2-billion deal to produce vehicles using GM’s Ultium battery technology, fuel-cell systems, and manufacturing expertise. The first vehicle to result from the partnership would be the Nikola Badger, a pickup truck entering production in 2022. Share of both companies moved higher in pre-market trading […]
GM just announced it is taking a $2 billion stake in Tesla rival Nikola