Electric truck manufacturer Nikola and General Motors have formed a strategic partnership for the Nicola Badger to be engineered and manufactured by GM. The partnership will continue through Nikola’s other commercial vehicle programs including the Tre, One, Two and NZT.  As part of the multibillion-dollar deal, GM received an 11% stake in Nikola. In return, GM will supply a factory and the chassis architecture for production of the Nikola Badger pickup.

In addition, Nikola will utilize GM’s Ultium battery system and Hydrotech fuel cell technology, representing a key commercialization milestone for GM. "This strategic partnership with Nikola, an industry leading disrupter, continues the broader deployment of General Motors' all-new Ultium battery and Hydrotec fuel cell systems," said General Motors Chairman and CEO Mary Barra. "We are growing our presence in multiple high-volume EV segments while building scale to lower battery and fuel cell costs and increase profitability. 

For more: https://www.reuters.com/article/us-gm-nikola-investment-idUSKBN25Z1UL

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