IVECO and FPT Industrial, the commercial vehicle and powertrain brands of CNH Industrial N.V. (NYSE:CNHI / MI:CNHI), began their collaboration with Nikola at the end of 2019 with the aim of developing and deploying zero-emission Class 8 heavy-duty trucks, powered by both battery and hydrogen fuel-cell, in North America and Europe. By leveraging the partners’ respective expertise and technological know-how, the project has very quickly moved from the drawing board to the trial stages with the prototypes already built.
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