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GENERAL MOTORS ACQUIRES STAKE WORTH $2 BILLION IN ELECTRIC-VEHICLE MAKER NIKOLA

Published On 08 Sep 2020 05:41 PM


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Highlights

• General Motors will purchase an equity stake of 11 percent in Nikola

• Nikola was founded in the year 2015 and aims on manufacturing zero-emission big rigs with the help of hydrogen fuel technology

• GM will nominate one director to the board of Nikola

According to the recent announcements made by the companies, General Motors has decided to purchase an equity stake of 11 perc....


Tags : General Motors, Nikola, electric vehicles, GM, hydrogen fuel, Tesla,
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