Insight
Nikola says started production of electric trucks on March 21
(Reuters) – Nikola Corp mentioned on Wednesday it began manufacturing of its electrical semi-trucks on March 21.
Chief Government Officer Mark Russell had mentioned in a February earnings name that manufacturing will start on March 21 and laid out plans to ship 300 to 500 Tre BEV semi-trucks this yr.
Nikola is but to report any income from truck gross sales.
(This model of the story corrects paragraph 1 to say semi-trucks, not pick-up vans; removes reference to pre-series truck builds in paragraph 1; corrects paragraph 2 to say manufacturing will start on March 21, not second quarter)
(Reporting by Yuvraj Malik in Bengaluru; Modifying by Devika Syamnath)