General Motors acquires 11% stake in electric truck maker Nikola
USMaterials8 September 2020 16:13 (UTC +04:00)
General Motors Co said on Tuesday it was acquiring an 11% stake, worth $2 billion, in U.S. electric truck maker Nikola Corp, Trend reports with reference to Reuters.
General Motors will also get a right to nominate one director to Nikola’s board.