Author: Edward Ludlow

[ad_1] (Bloomberg) — Nikola Corp. stated it’s going to begin full-scale output of battery-electric vans subsequent month and ship between 300 and 500 of the large rigs to prospects this 12 months. Its shares rose regardless of a droop within the broader market.Thursday’s announcement that it’s transferring past manufacturing of prototypes signifies a contact of progress as Nikola makes an attempt to get better from supply-chain woes which have affected the launch of its merchandise. It additionally faces a credibility disaster after founder Trevor Milton was indicted and accused of mendacity to buyers concerning the firm.Nikola started pilot operations for…

Read More