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home / articles / TECH - Nikola CEO Terms Truck Fires A 'Setback' Says It Won't Affect Hydrogen-Powered Truck Deliveries | Benzinga


TECH - Nikola CEO Terms Truck Fires A 'Setback' Says It Won't Affect Hydrogen-Powered Truck Deliveries | Benzinga

Nikola Corp (NASDAQ:NKLA) CEO Steve Girsky on Wednesday termed the several cases of fire reported with its battery electric trucks a ‘setback’ and detailed the measures being undertaken to fix the issue.

Several incidents of fire have been reported with Nikola battery electric trucks (BEV) since June, and Nikola issued a recall for all the vehicles in the market between dealers and customers in August.

The CEO said in a Q&A session that the recall was issued within 24 hours of receiving the findings of the investigation into the incidents. The report pinned the cause of fires down to a coolant leak within the battery packs.

“Our engineering and safety teams are working around the clock ...

Full story available on Benzinga.com

Stock Information

Company Name: Bio-Techne Corp
Stock Symbol: TECH
Market: NASDAQ
Website: bio-techne.com

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