BENGALURU (Reuters) - General Motors Co said on Tuesday it was acquiring an 11% stake in US electric truck maker Nikola Corp, worth about US$2 billion, and will team up with the company to make a pick-up truck.
Shares of Nikola soared more than 30% to US$46.30 in pre-market trading after GM's investment, which will help the company take on the likes of Tesla and Ford.
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