GM and Nikola agree to massively scaled back deal

GM and Nikola agree to massively scaled back deal

General Motors and Nikola announced a watered-down memorandum of understanding for a new partnership after months of discussions Monday, but the details remain foggy. With the new agreement, GM said it will supply its Hydrotec fuel cell systems for Nikola's upcoming fuel cell semi trucks. The question remains: Why does Nikola need GM's tech if it supposedly already developed proprietary systems?

I digress because what's not included in this MOU is even more interesting. The big news is GM decided not to build the Nikola Badger. We previously covered the vehicle's hyped-up birth and not-so-surprising demise: Without GM to build and engineer the truck, Nikola called it quits.