At that time, Nikola and GM announced a strategic partnership that included GM taking an 11% stake in the Nikola and began with the Nikola Badger and carried cost reductions through Nikola’s programs, including: Nikola Badger, Nikola Tre, Nikola One, Nikola Two and NZT. As part of that agreement, Nikola would utilize General Motors’ Ultium battery system and Hydrotec fuel cell technology, representing a key commercialization milestone for General Motors.
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