Reuters
Lohscheller, who joined the company in February, will take over as president from Russell and join Nikola's board effective immediately, the company said. Lohscheller, 53, was instrumental in Tre battery electric vehicles' production and in achieving development milestones for the Tre fuel-cell electric vehicles, the company said. Nikola, which aims to manufacture between 300 and 500 Tre battery electric trucks this year, stuck to its production target last week after its second-quarter revenue beat estimates.