Nikola mentioned on Wednesday that Michael Lohscheller will take over because the electric-truck maker’s leader government officer when Mark Russell retires on Jan. 1 subsequent 12 months.
Lohscheller, who joined the corporate in February, will take over as president from Russell and sign up for Nikola’s board efficient instantly, the corporate mentioned.
Lohscheller, 53, used to be instrumental in Tre battery electrical automobiles’ manufacturing and in attaining building milestones for the Tre fuel-cell electrical automobiles, the corporate mentioned.
Nikola, which goals to problem Tesla and manufacture between 300 and 500 Tre battery electrical vans this 12 months, caught to its manufacturing goal ultimate week after its second-quarter income beat estimates.
Lohscheller used to be the CEO of German automaker Adam Opel from conglomerate Stellantis’ solid and in brief served as Vietnamese automobile maker VinFast’s world best boss earlier than taking at the position of Nikola Motor’s president.
Lohscheller has progressed conversation and speeded up decision-making at Nikola Motor, Chairman Stephen Girsky mentioned in a commentary.
Russell, 59, changed Nikola founder Trevor Milton,
Shares in Nikola rose 0.5% in noon buying and selling.
Source Link: https://nypost.com/2022/08/10/nikola-names-michael-lohscheller-as-next-ceo/