GM will soon begin testing the vehicles on public roads with no operators in the driver’s seat.
GM says the Nikola deal is still a big opportunity to market its hydrogen technology.
This could mean the 8-speed automatic will be phased out.
The investment comes as the Silverado and Sierra continue to gain market share in the U.S. and Canada.
It looks like the next-gen Acadia will grow in size.
Though the Badger pickup will only be produced with an OEM partner.
Holographic HUDs incoming?
It previously agreed to an 11% stake in the cashless partnership deal.
The dramatic tale that keeps on giving.
GM plans to run its business off purely renewables by 2040.
GM must also invest $12 million in community development in Ohio.
Milton stepped down from the company earlier this month.
These investments will help retain 240 jobs in Ohio.
Could Nikola’s unique business model help it bounce back?
GM says it plans to “work with Nikola to close the transaction,” it announced two weeks ago.
Former GM exec Steve Girsky will fill the role.
The money will go towards tooling, charging stations, and training.
A short-seller has accused Nikola of being an “intricate fraud.”
The agreement directs dealers to spend between $120,000 to $200,000 in order to sell EVs.
One step closer to 100% renewable energy.
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