GM to Make Electric Vehicle, Supply Batteries for Nikola

General Motors announced its second major electric vehicle partnership in less than a week on Tuesday, this time a $2 billion deal with startup Nikola.

GM will take an 11% ownership stake in the Phoenix company and will engineer and build Nikola’s Badger hydrogen fuel cell and electric pickup truck. The Badger is expected to be in production by the end of 2022.

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GM Strike Cost Automaker Estimated $3 Billion, $18.5 Million in Lost Michigan Income Tax Revenue

The United Auto Workers’ strike against General Motors cost the company $1 billion in earnings and that number is expected to rise to $3 billion on the year, CEO Mary Barra said in a phone call with investors this week.

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REPORT: Former UAW Chief Joe Ashton Facing Fraud, Conspiracy Charges in Widening Bribery Scandal

Former United Auto Workers Vice President Joe Ashton is the unnamed union official in a federal criminal complaint who is accused of demanding $550,000 in kickbacks and bribes from vendors, The Detroit News reported.

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