GM exploring electric boats, buys 25% stake in engine maker - Business News: Latest News & Videos about market and economy | Trendmergers

Breaking

Post Top Ad

Post Top Ad

GM exploring electric boats, buys 25% stake in engine maker

Pure Watercraft, founded in 2011, is worth $600 million after the GM deal, spokesman Gabe Johnson said. GM said its investment is worth $150 million, including cash and in-kind contributions. The companies would not disclose how much money GM is putting into the deal.

from Industry-Economic Times
Read The Rest:economictimes...

Post Top Ad