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GM joins forces with Nikola., page-2

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moorookamick

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11/09/20

16:38

Post #: 47277282
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Originally posted by bluesamurai: ↑

The alliance with Nikola is the second major deal in a week for GM and highlights the pressures faced by the auto industry to share costs to meet demands for cleaner vehicles. Last week GM announced a North American alliance with Japan’s Honda Motor.The agreements also signal the urgency of Barra’s efforts to convince investors that GM can slash costs in its traditional, internal combustion business and develop a profitable, viable electric vehicle business. QUOTE.
All majors fighting to dominate markets as EV revolution moves on IMO

https://www.mining.com/web/investors-cheer-as-gm-nikola-join-forces/

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Looks like your mate Musk & Tesla are in reverse!

https://fortune.com/2020/09/08/teslas-stock-drop-tech-sp-500-share/
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