Lohscheller, who currently leads Nikola's truck-making operation, will become the company's president and join its board of directors immediately.

Chairman Steven Girsky said in a statement that Lohscheller has had a significant impact on Nikola in his six months at the company, lauding his "sense of urgency" and "accelerated decision-making.".

"Michael Lohscheller's selection represents the completion of a thoughtful succession planning process by the board of directors," Girsky said.