EV maker Nikola jumps on securing supplies to meet 2022 delivery target


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

(Reuters) -Electric vehicle maker Nikola Corp said on Thursday it had secured sufficient component supplies to meet its delivery target of between 300 and 500 Tre battery electric trucks this year, sending its shares more than 7% higher.

Nikola, which started manufacturing its battery electric vehicles in late March, said it shipped 11 Tre battery electric trucks (BEV) in April, marking its first ever shipment to customers.

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