(CBS DETROIT) – General Motors will scale back its partnership with electric automaker Nikola, instead focusing on only being a supplier.
The original deal between both companies would have given g-m a stake in Nikola, and also proposed GM make an electric pickup for Nikola called The Badger.READ MORE: Beaumont Health, Spectrum Health Plan To Merge, Operate 22 Hospitals
Since the original agreement, Nikola came under fire for reports of fraud and a drop in stock price.
Under the new deal: GM will only supply fuel cells and not own a stake in Nikola.READ MORE: Fourth Stimulus Check: Will You Get Another Relief Payment?
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