Hmm...I think this lends credence to my earlier theory that GM wanted the class 7/8 semi truck all along, and didn't care so much about the Badger. I still believe the Badger will never be produced, but I'm highly confident that the semi will be. I think we'll see GM take over Nikola pretty soon, and they'll turn it into their commercial hydrogen-electric brand/subsidiary. As things stand, hydrogen-electric is far and away the best clean alternative to diesel. It's a boon waiting to explode...and the Nikola name holds a lot of weight.
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Did Interest In the Hummer EV Change GM's Mind About the Nikola Badger?
It looks like all the buzz surrounding the Hummer has rekindled GM's interest in Nikola and the Badger.
Nikola's stock price rose almost 12% after GM President Mark Reuss said that they continue "to work the opportunity" with reaching a deal with Nikola. He also mentioned that he still sees the potential partnership between the two companies as a great opportunity.
“The opportunity to put our fuel cells into a class 7 and 8 vehicle is spectacular,” he said on CNBC’s “Squawk Box.” “We know there’s great operational cost advantages there, there’s great efficiencies and there’s great opportunities.”
www.cnbc.com
Nikola's stock price rose almost 12% after GM President Mark Reuss said that they continue "to work the opportunity" with reaching a deal with Nikola. He also mentioned that he still sees the potential partnership between the two companies as a great opportunity.
“The opportunity to put our fuel cells into a class 7 and 8 vehicle is spectacular,” he said on CNBC’s “Squawk Box.” “We know there’s great operational cost advantages there, there’s great efficiencies and there’s great opportunities.”
Nikola shares surge after GM executive gives hope of keeping partnership deal alive
Shares of embattled electric vehicle start-up Nikola jumped double digits during premarket trading Wednesday following a General Motors executive saying the automaker still sees a tie-up with the company being a great opportunity.
