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Autos & Transportation

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

1 minute read

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, May 7 (Reuters) - Nikola Corp (NKLA.O) 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.

Reporting by Hyunjoo Jin

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