General Motors acquires 11% stake in electric truck maker Nikola By Reuters

© Reuters. The GM logo is pictured at the General Motors Assembly Plant in Ramos Arizpe

(Reuters) – General Motors Co (N:) said on Tuesday it was acquiring an 11% stake, worth $2 billion, in U.S. electric truck maker Nikola Corp (O:).

General Motors will also get a right to nominate one director to Nikola’s board.


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