(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: Michigan Matters: Civility & Politics?
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: Panera Fundraising Event To Raise Transplant Funds For Local Young Adult
MORE FROM CBS DETROIT: Whitmer Says She Has Authority To Order New Stay-Home Order in Michigan
MORE FROM CBS DETROIT: FDA: Romaine Lettuce Voluntarily Recalled Over Possible E. Coli Risk
MORE FROM CBS DETROIT: Detroit Police: Man Found Dead Outside Of Van With Baby InsideMORE NEWS: This Weekend: I-275 Lane Closures Continue Between 7 Mile Road And I-96/I-696/M-5
© 2020 CBS Broadcasting Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.