01
Dec
13:59
GM pares down relationship with Nikola
US Big Three auto producer General Motors (GM) is whittling down its ties to troubled electric vehicle start-up Nikola, Kallanish learns from a Nikola release.
On 30 November, Nikola announced that it had entered into a non-binding memorandum of understands with GM that replaces the agreement originally inked on 8 September.
Under the new terms of the deal, GM will provide Nikola with its Hydrotec fuel cells for its Class 7 and Class 8 zero-emission trucks.…
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Anonymous
Very good overview of the weekly steel market.
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