Nikola CEO confident of deal with energy partner, talks with GM continue

Nikola had previously said it expected to finalize terms prior to Sept. 30. GM affirmed on Wednesday that the talks with Nikola continue.

Nikola Corp Chief Executive Mark Russell said on Wednesday he remains confident the electric and hydrogen fuel cell vehicle startup will close a deal with an energy partner and talks to finalize an alliance with General Motors Co continue.

There had been reports Nikola's talks with energy firms including BP Plc had stalled, but Russell told Reuters he is confident Nikola will still announce by year-end a collaboration with an energy firm to build hydrogen-refueling stations.

"We've talked to all of those folks and those discussions are continuing," he said in an interview. "We're confident that we're still going to