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Monday, November 30, 2020

GM scales back deal with Nikola, will no longer build Badger pickup

Nikola TwoGeneral Motors has ended a previously announced deal with Nikola, which would have seen it supply production capacity, engineering services and technology to the Utah-based startup in exchange for shares. Instead, the two companies have hammered out a new deal much smaller in scope than the previous deal announced on September 8. The new deal...

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