GM Launches $2 Billion Strategic Partnership with Electric Vehicle Pioneer Nikola

Powered by LawFuel – Paul, Weiss is representing General Motors Co. in a strategic partnership with pioneering electric vehicle maker Nikola Corporation.

Under the terms of the agreement, GM will receive a $2 billion equity stake in Nikola in exchange for the in-kind services and access to GM’s ready-for-production Ultium battery technology and multibillion-dollar Hydrotec fuel cell systems needed to build the Nikola Badger, a zero-emission battery-electric and hydrogen-fuel cell-powered electric pickup truck. GM will engineer, validate, manufacture and obtain industry approvals for the vehicle and provide cost reductions for other models.

The Paul, Weiss team includes corporate partners Steven Williams, Scott Barshay and John Kennedy; intellectual property partner Jonathan Ashtor; tax partners Robert Holo and Jeffrey Samuels and counsel Alyssa Wolpin; employee benefits partners Lawrence Witdorchic and Jean McLoughlin; and antitrust counsel Marta Kelly.

• BakerHostetler Deepens Mergers and Acquisitions and Private Equity Bench With Addition of Four Partners in New York
  Key takeaways Why this mattersBakerHostetler is pleased to announce the firm has added a significant team of four partners in… Read more: BakerHostetler Deepens Mergers and Acquisitions and Private Equity Bench With Addition of Four Partners in New York
• BigLaw News – White & Case elects 45 new partners for 2026
  Global law firm White & Case LLP promoted 45 lawyers to its partnership today. The new partner class includes representatives… Read more: BigLaw News – White & Case elects 45 new partners for 2026
• What Makes a Strong Personal Injury Case Stand Up in Court?
  Article source: The Bishop Law Group, Baltimore Baltimore is a city defined by resilience. From its historic harbor to its… Read more: What Makes a Strong Personal Injury Case Stand Up in Court?
• Why Rideshare Accidents Are Different From Car Crashes
  Article source: The Ryan Law Group, Los Angeles Los Angeles is a city built on movement. From Hollywood Boulevard to… Read more: Why Rideshare Accidents Are Different From Car Crashes
• Does OnlyFans Require ID, and How Are New State Laws Affecting It in 2025?
  Article Source: IPVanish, the only true tier-1 VPN service in the world Image generated by Gemini As of 2025, a… Read more: Does OnlyFans Require ID, and How Are New State Laws Affecting It in 2025?
• Foley Expands National Litigation Capabilities with Addition of Two Partners in Washington, D.C.
  New Partners Strengthen the Firm’s Antitrust and Government Enforcement Bench and Advance Strategic Growth on the East Coast Foley &… Read more: Foley Expands National Litigation Capabilities with Addition of Two Partners in Washington, D.C.
• When You Need an Injury Lawyer: Protecting Your Rights After an Accident
  Article source: Eric Ramos Law, TX Accidents can happen in the blink of an eye, but the aftermath can last… Read more: When You Need an Injury Lawyer: Protecting Your Rights After an Accident