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A look back at $GM's investments in electrified transportation
GM's most recent electrified transportation was in an electric boat startup named Pure Watercraft, a pontoon boat business.

In late 2020, GM invested in $RIDE. Later, they sold their stake at a loss.

Around the same time, GM had plans to invest in $NKLA, but that deal fell apart.

Considering that Polaris $PII is in the pontoon boat business, they're a competitor of Pure Watercraft. It's possible that Polaris could consider acquiring Pure Watercraft in the future.

Let's hope that General Motors's stake in electric boats goes well.
CNBC
GM conducted 'appropriate diligence' on $2 billion Nikola deal, CEO Mary Barra says
General Motors conducted "appropriate diligence" regarding a $2 billion deal with electric vehicle start-up Nikola, GM CEO Mary Barra said Monday.

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