GM Scales Back Planned Partnership With Nikola

30 November 2020

General Motors Co. announced it has signed a non-binding memorandum of understanding (MoU) with Nikola Corp. for a global supply agreement to provide its Hydrotec fuel cell system for Nikola’s Class 7/8 trucks.

The MoU replaces the previous transaction announced Sept. 8, which outlined a much broader cooperation between the…

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