May 8, 2024
Nikola says started production of electric trucks on March 21 – Reuters

Nikola says started production of electric trucks on March 21 – Reuters

U.S. Nikola’s logo is pictured at an event held to present CNH’s new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, December 3, 2019. REUTERS/Massimo Pinca

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March 23 (Reuters) – Nikola Corp (NKLA.O) said on Wednesday it started production of its electric semi-trucks on March 21.

Chief Executive Officer Mark Russell had said in a February earnings call that production will begin on March 21 and laid out plans to deliver 300 to 500 Tre BEV semi-trucks this year.

Nikola is yet to report any revenue from truck sales.

(The story corrects paragraph 1 to say semi-trucks, not pick-up trucks; removes reference to pre-series truck builds in paragraph 1; corrects paragraph 2 to say production will begin on March 21, not second quarter.)

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Reporting by Yuvraj Malik in Bengaluru; Editing by Devika Syamnath

Our Standards: The Thomson Reuters Trust Principles.

Source: https://www.reuters.com/business/autos-transportation/nikola-says-started-production-electric-trucks-march-21-2022-03-23/