DETROIT: Nikola Corp Chief Executive Mark Russell said Wednesday he is confident the electric and hydrogen fuel cell vehicle startup will close a deal with an energy partner, and he defended the company's technology and strategy against a short-seller's fraud allegations, sending shares up almost 21per cent at one point.
Milton resigned and left the company on Sept. 21 and was replaced by Steve Girsky, whose firm took Nikola public earlier this year through a reverse merger. Nikola said it still expects to break ground on its first commercial hydrogen station in the second quarter of 2021.
Source: Energy Industry News (energyindustrynews.net)
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