Nikola Corporation, a leader in zero-emissions transportation and energy infrastructure solutions, has named current Nikola Motor President Michael Lohscheller as Russell’s successor. When Russell retires, Lohscheller will succeed as President, join the Nikola Board of Directors, and take over as CEO. Russell will continue to serve on the Board.
As of February 2022, Lohscheller has served as President of Nikola Motor. He has already made several noteworthy accomplishments, including a significant role in advancing the Tre battery-electric vehicle (BEV) into series production and hitting development milestones for the Tre fuel cell electric vehicle (FCEV).
Before Nikola, he was the CEO of Opel; he oversaw the company’s growth into the leading brand of electric vehicles and led it to long-term profitability.
A veteran of the 20-year global automotive industry, Lohscheller has held several high-level positions, including Executive Vice President and Chief Financial Officer at Mitsubishi Motors Europe, Executive Vice President and Chief Financial Officer at Volkswagen Group of America, Chief Executive Officer at Opel Automobile GmbH, Member of the Board at PSA Group, and Global CEO of VinFast.