Home Pick up Trucks GM Will Play a Key Role in Building Nikola Badger Electric Trucks

GM Will Play a Key Role in Building Nikola Badger Electric Trucks

 Whitney Russell

No Comments

GM Electric Future
GM’s new partnership brings it closer to achieving its vision of an electric future
Photo: GM

General Motors recently announced its partnership with Nikola Corporation. In return for an 11 percent ownership stake, GM will supply the company with Ultium batteries and Hydrotec Fuel-cell technology for its Nikola Badger pickup trucks. Here’s what you should know about this exciting collaboration.

An Electric Future: Meet the GMC Hummer EV

Endorsement of the partnership

Both companies’ executives expressed the mutually beneficial nature of the partnership. Nikola founder and executive chairman Trevor Milton expressed pride in the new alliance with GM. He articulated how his company will benefit from GM’s decades of industry experience as well as their advanced engineering tech.

General Motors Chairman and CEO Mary Barra voiced her own support of the collaboration. She views it as a way to “continue[…] the broader deployment of General Motors’ all-new Ultium battery and Hydrotec fuel cell systems.”

More details about the partnership

According to Green Car Reports’ Bengt Halvorson, the agreement dictates that GM will be the sole supplier of fuel-cell tech for Nikola’s Class 7/8 trucks. There’s a possibility that GM will use the same technologies it intends for the GMC Hummer EV and upcoming Chevy electric pickup on the Nikola Badger models. Though, GM has yet to confirm this information.

It’s also worth noting a few other benefits that GM and Nikola will get from this new partnership. For one thing, Nikola expects to save over $5 billion in battery and engineering costs over the next decade.

In addition, GM is poised to reap more than $4 billion from the alliance, as Halvorson reports. This profit will come from the EV credits GM will keep during the length of the contract, as well as from the value of the shares, fuel-cell stack supply, and contract manufacturing.

We wish both companies the best of luck on this new collaboration, as we eagerly await the arrival of the Nikola Badger electric truck, which is set for a late 2022 release. In the meantime, read up on GM’s Ultium vehicle battery and EV platform. And find out more about the GMC Hummer EV, which the brand will reveal on Oct. 20.

Sustainable Initiatives: Learn more about one of GM’s new renewable energy projects

Credit: Source link


Please enter your comment!
Please enter your name here

Must Read

ZM Trucks to manufacture BEVs, FCEVs in Canada – Truck News

ZM Trucks will begin production of its vehicles in Canada late in...

REE Automotive unveils next gen P7-S stripped chassis – Truck News

REE Automotive unveiled the next generation of its P7-S stripped chassis at...

Accelera launches new hydrogen and electric products at ACT Expo – Truck News

Accelera, the zero-emissions business segment of Cummins, launched the next versions of its...

Forvia’s hydrogen storage solutions energize clean mobility goals – Truck News

A company is investigating conformable pressure vessels and solid-state storage to accelerate...

Truck OEMs aligned on path to decarbonization – Truck News

It was a peculiar sight – the leaders of five truck OEMs...