Nikola says started production of electric trucks on March 21

Nikola names Michael Lohscheller as next CEO
Nikola names Michael Lohscheller as next CEO   -  Copyright  Thomson Reuters 2022
By Reuters

– Nikola Corp 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.

(This version of 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)