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Nicola loses responsibility for fuel cell development, stocks fall

Nicola left the company on Wednesday when fuel cell development director Jesse Schneider left the company hydrogen The industry is down 5% in the stake in electric truck makers.

It’s just over a month after Nicola reveals details of its hydrogen-fueled product lineup with up to 900 miles of driving range.

Schneider, who spent three years as an executive vice president at a startup, oversaw its development. Fuel cell Said the hydrogen team, Nicola, in a statement.

The company has been in the limelight since the short seller accused it of fraud last September, with its founder Trevor Milton resigning. Nicola publicly rejected all accusations.

However, in February, Nicola revealed that after an internal review, the company and Milton issued some statements that were partially or completely inaccurate.

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Nicola loses responsibility for fuel cell development, stocks fall

Source link Nicola loses responsibility for fuel cell development, stocks fall

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