GM Scraps Plan to Take Stake in Nikola

The transcript discusses the revised partnership between GM and Nikola, focusing on GM's role as a supplier of fuel cell technology for Nikola's semi trucks. The original deal included battery technology and manufacturing, but was altered due to controversies and investigations surrounding Nikola. Despite the changes, Nikola maintains partnerships with other companies like Bosch and ECHO, and continues its production plans in Europe and the US. The transcript highlights the strategic shifts and technological implications of the revised deal.

What is the new role of GM in its partnership with Nikola?

• GM will supply battery technology for Nikola's vehicles.

• GM will take an equity stake in Nikola.

• GM will manufacture pickup trucks for Nikola.

• GM will supply fuel cell technology for Nikola's semi trucks.

Why did GM decide to change its approach in the partnership with Nikola?

• Due to Nikola's financial instability.

• Because of controversies and investigations surrounding Nikola.

• To focus on manufacturing pickup trucks.

• To increase its equity stake in Nikola.

Which company has Nikola been working with since 2017 for fuel cell and battery technology?

• General Motors

• ECHO

• Robert Bosch

• Tesla

What is one of Nikola's plans for the future as mentioned in the transcript?

• To discontinue all semi truck projects.

• To start production of electric cars in the USA.

• To build a factory in Arizona and start production of battery electric semis in Germany.

• To partner with Tesla for battery technology.

When does Nikola plan to start production of fuel cell technology?

• In 2022

• In 2024

• In 2021

• In 2023