Nikola warns of supply constraints of batteries, chips and touch screens


FILE PHOTO: U.S. Nikola's logo is pictured at an event held to present CNH's new full-electric and Hydrogen fuel-cell battery trucks in partnership with U.S. Nikola event in Turin, Italy, December 3, 2019. REUTERS/Massimo Pinca

SEOUL (Reuters) - Nikola Corp on Friday warned of supply constraints of batteries, chips, touch screens and other parts.

During a conference call, Nikola said it has enough battery cells to achieve its plan to build 50-100 battery-electric Tre deliveries in 2021, but battery makers have yet to make commitment to next year's supplies.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Tech News

OpenAI unveils tool to detect DALL-E images
Katy Perry and Rihanna didn’t attend the Met Gala. But AI-generated images still fooled fans
How to update Chrome without accidentally installing a virus on your smartphone
Twilio forecasts quarterly revenue below estimates on weak enterprise spending
Palantir shares post biggest daily slide since 2022 after forecast disappoints
Match Group expects quarterly revenue below estimates as spending on dating apps falls
Reddit's strong forecasts spark share surge after first results since IPO
Electronic Arts forecasts annual bookings below estimates as gamers cut spending
Lyft forecasts strong quarterly earnings as ride-hailing demand picks up
Meta to expand AI image generation offerings for ads

Others Also Read