On the occasion of the Nikola Iveco Europe
joint-venture manufacturing facility opening in Ulm, Germany, the
parties announced an accord to collaborate on the testing and
subsequent implementation of heavy-duty electric vehicles and
charging infrastructure at the Port of Hamburg during 2022.
Ulm, September 15, 2021
IVECO, the commercial vehicles brand of CNH
Industrial (NYSE: CNHI / MI: CNHI) and Nikola Corporation (NASDAQ:
NKLA) today 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. The vehicles provided for these two
phases will be the US version of the Nikola Tre with special
permissions for in-port operation.
“Hamburg is pursuing targets to become more
climate friendly within the context of the EU’s long-term strategy
to become carbon neutral within 2050. The focus of the port is to
become a first mover in applying technical innovations as pilot
cases. We see a great fit between our requirements and the trucks
that are now being built here in Ulm to achieve our targets,” said
Jens Meier, Chief Executive Officer of the Hamburg Port
Authority.
"Hamburg is ready to set new standards and
become a climate-friendly city. The cooperation with Nikola, a
manufacturer of heavy-duty vehicles for zero-emission,
battery-electric transport, is an important milestone. We wish to
work together and launch an unprecedented pilot project with Nikola
and IVECO and partners from the port logistics sector in the Port
of Hamburg. For me, this MoU between Nikola and the HPA is a first,
but decisive step in making the Port of Hamburg a pilot for
innovative and alternative
powertrains. From the point of view of the Free
and Hanseatic City of Hamburg, I am looking forward to a good and
fruitful cooperation," confirms the Senator for Economy and
Innovations in Hamburg, Michael Westhagemann.
“Nikola applauds the sustainability goals of the
Port of Hamburg and is proud to be working with them on this
project,” said Nikola CEO Mark Russell. “Nikola is also working on
a similar program in the United States. These types of landmark
agreements continue to reinforce the global shift we are seeing
toward a new zero-emission future.”
“Germany’s largest seaport by volume is the
perfect place for us to demonstrate the performance and
competitiveness of the Nikola Tre. We look forward to seeing the
first results in phase one and learning how we can best assist
Hamburg Port Authority in reaching their energy goals,” said Gerrit
Marx, President Commercial & Specialty Vehicles, CNH
Industrial.
Designed to be a high-performance, zero-emission
long-haul transport solution, the Nikola Tre is driving change for
the sector. Based on the IVECO S-WAY truck platform with an
electric axle co-designed and produced by FPT Industrial, it will
feature Nikola’s advanced electric and fuel cell technology,
together with key components provided by Bosch.
CNH Industrial
N.V. (NYSE: CNHI / MI: CNHI) is a global leader in
the capital goods sector with established industrial experience, a
wide range of products and a worldwide presence. Each of the
individual brands belonging to the Company is a major international
force in its specific industrial sector: Case IH, New Holland
Agriculture and Steyr for tractors and agricultural machinery; Case
and New Holland Construction for earth moving equipment; Iveco for
commercial vehicles; Iveco Bus and Heuliez Bus for buses and
coaches; Iveco Astra for quarry and construction vehicles; Magirus
for firefighting vehicles; Iveco Defence Vehicles for defence and
civil protection; and FPT Industrial for engines and transmissions.
More information can be found on the corporate website:
www.cnhindustrial.com
Nikola Corporation (NASDAQ:
NKLA) is globally transforming the transportation industry. As a
designer and manufacturer of zero-emission battery-electric and
hydrogen-electric vehicles, electric vehicle drivetrains, vehicle
components, energy storage systems, and hydrogen station
infrastructure, Nikola is driven to revolutionize the economic and
environmental impact of commerce as we know it today. Founded in
2015, Nikola Corporation is headquartered in Phoenix, Arizona. For
more information, visit www.nikolamotor.com or Twitter
@nikolamotor.
FORWARD LOOKING STATEMENTS
Certain statements included in this press release that are not
historical facts are forward-looking statements for purposes of the
safe harbor provisions under the Private Securities Litigation
Reform Act of 1995. Forward-looking statements generally are
accompanied by words such as “believe,” “may,” “will,” “estimate,”
“continue,” “anticipate,” “intend,” “expect,” “should,” “would,”
“plan,” “predict,” “potential,” “seem,” “seek,” “future,”
“outlook,” and similar expressions that predict or indicate future
events or trends or that are not statements of historical matters.
These forward-looking statements include, but are not limited to,
statements regarding the benefits of the collaboration; the
benefits of FCEV trucks and BEV trucks in drayage and port
operations; the expected timing of delivery of trucks; and the
expected timing, features and specifications of the Nikola’s FCEV
and BEV trucks. These statements are based on various assumptions,
whether or not identified in this press release, and on the current
expectations of Nikola’s management and are not predictions of
actual performance. Forward-looking statements are subject to a
number of risks and uncertainties that could cause actual results
to differ materially from the forward-looking statements, including
but not limited to, the ability of the parties to enter into
definitive documentation for the collaboration and the terms of any
such agreement; the failure to realize the anticipated benefits of
the memorandum of understanding or any definitive agreement; design
and manufacturing changes and delays; general economic, financial,
legal, regulatory, political and business conditions and changes in
domestic and foreign markets; the potential effects of COVID-19;
the outcome of legal, regulatory and judicial proceedings to which
Nikola is, or may become a party; demand for and customer
acceptance of Nikola’s trucks; risks associated with development
and testing of fuel cell power modules and hydrogen storage
systems; risks related to the rollout of Nikola’s business and the
timing of expected business milestones; the effects of competition
on Nikola’s future business; the availability of capital; risks
associated with changes in accounting treatment or accounting
standards; and the other risks detailed from time to time in
Nikola’s reports filed with the Securities and Exchange Commission,
including its quarterly report on Form 10-Q for the quarter ended
June 30, 2021 and other documents Nikola files with the SEC. If any
of these risks materialize or our assumptions prove incorrect,
actual results could differ materially from the results implied by
these forward-looking statements. These forward-looking statements
speak only as of the date hereof and Nikola specifically disclaims
any obligation to update these forward-looking statements.
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Media
contacts:
Francesco PolsinelliCorporate Communications
Manager, EuropeCNH IndustrialTel.: +39 335
1776091
Email:
mediarelations@cnhind.comwww.cnhindustrial.com
Nicole RoseNikola CorporationTel.: +1
480-660-6893nicole.rose@nikolamotor.com www.nikolamotor.com Colleen
RobarNikola CorporationTel.: +1 313-207-5960crobar@robarpr.com
www.nikolamotor.com
- 20210915_PR_CNH_Industrial_IVECO_NIKOLA_Port_of_Hamburg
- CNH INDUSTRIAL N.V.
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