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Nikola Corp.

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Nikola Corp. introduced it’s transferring its battery manufacturing to its Coolidge, Ariz., manufacturing facility from Cypress, Calif.

The transfer, which the corporate expects to finish by early third quarter, is meant to convey Nikola’s truck meeting, gasoline cell energy module meeting, and battery module and pack manufacturing underneath one roof and contains battery line automation geared towards bettering high quality and growing efficiencies.

The corporate reported a battery engineering presence is anticipated to stay in California at a separate facility to concentrate on the event of Phoenix-based Nikola’s next-generation battery administration system software program and modules.

“This resolution reinforces our dedication to discovering methods to optimize our price construction and create a sustainable enterprise mannequin,” CEO Michael Lohscheller mentioned in a launch. “We stay centered on assembly our 2023 milestones, together with pack and module manufacturing targets.” — Transport Subjects

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