Hyperdrive

Nikola Hires Former Opel CEO to Help Scale Up Production of Electric Trucks

  • Michael Lohscheller is named president and will report to CEO
  • Company has tried to restore credibility since founder’s exit
Nikola Tre BevSource: Nikola
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Nikola Corp. hired Michael Lohscheller, who oversaw the turnaround of Stellantis NV’s Opel division, to help the U.S. electric-truck maker ramp up production.

Lohscheller, a former Opel and Volkswagen AG executive who most recently worked for Vietnamese electric-car maker VinFast, has been named Nikola’s president and will report to Chief Executive Officer Mark Russell, the Phoenix-based company said Tuesday.