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General Motors (NYSE: GM), which considers itself “all in on electrification,” has acquired a 25% stake in pure watercraft, a start-up that manufactures electric outboard motors for boats. The stake will cost GM USD150 Million, and ultimately increase Pure Watercraft’s valuation to USD600 Million. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”GM” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”GM” …

GM Buys 25% Stake in Electric Boating Company Pure Watercraft Read More »