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Nikola Loses Key Executive Heading Fuel-Cell Development
- Shares close down 7% after startup confirms departure
- Jesse Schneider led work on hydrogen systems, fueling network
Source: Nikola Corp.
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Nikola Corp., the troubled hydrogen-powered and battery-electric truck startup, lost a key member of its executive team with the departure of the former head of its fuel-cell development program.
The company said Jesse Schneider, executive vice president of technology, hydrogen and fuel cells, left the company April 1. He had led its engineering teams working on fuel-cell systems, a planned hydrogen-fueling station network and storage technology.