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Browsing the "FPT Industrial" Tag

Nikola Motors Locks In Ulm, Germany As The Production Site For The Nikola TRE

February 11th, 2020 | by Kyle Field

Nikola Motors has partnered with IVECO to establish the manufacturing hub for its first production vehicle in Ulm, Germany. The facility will produce both the battery electric and fuel cell electric versions of the the company's cab-over heavy duty truck for the European market, the Nikola


Nikola Adds European Manufacturing Partner In New $1 Billion Series D Funding

September 3rd, 2019 | by Kyle Field

CNH Industrial N.V. announced a new $250 million investment into the Nikola Motor Company as the lead investor in a new Series D funding round. The investment round comes as Nikola works to integrate a single lease plan for its vehicles that roll all vehicle, service, maintenance, and fuel costs into a single lease price in a bid to offer early adopters assurance of predictable prices and payouts for their fleets



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