Nikola Corp has announced that Michael Lohscheller will take over as the electric-truck maker’s chief executive officer next year.
Michael Lohscheller will take over from Mark Russell when he retires on Jan. 1 next year.
Lohscheller will take over as president from Russell and join Nikola’s board effective immediately.
The 53 year old was instrumental in Tre battery electric vehicles’ production and in achieving development milestones for the Tre fuel-cell electric vehicles, the company said.
Lohscheller was the CEO of German automaker Adam Opel AG from conglomerate Stellantis NV.
Lohscheller briefly served as Vietnamese car maker VinFast’s global top boss before taking on the role of Nikola Motor’s president.
Russell replaced Nikola Founder Trevor Milton, accused of defrauding investors by lying about the company, as CEO in 2020.