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IVECO, Nikola Sign MoU With Hamburg Port Authority For Battery-Electric Trucks

IVECO, the commercial vehicles brand of CNH Industrial (CNHI) and Nikola Corp. (NKLA) signed a Memorandum of Understanding with Hamburg Port Authority AöR (HPA) during the inauguration of their joint-venture manufacturing facility in Ulm, Germany.

The agreement states their joint intent to partner in two phases encompassing up to 25 Nikola Tre battery-electric vehicles (BEV) for delivery to the Port throughout 2022.

The first phase involves testing of the Nikola Tre BEVs at the port for transport and logistics operations together with high-performance charging solutions. A more definitive second phase in the project partnership plans to see the full integration of the BEV vehicles in port operations, installation of charging infrastructure and on-site service support including major suppliers.

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