
CNH Industrial Enters Into Exclusive Partnership with Nikola Motors to Accelerate Adoption of Fuel Cell Technology in Heavy Duty Trucks
September 3, 2019 | 6 min read September 3, 2019 | 6 min read- CNH Industrial to lead Nikola’s Series D round with $250MM USD investment
- Parties announce strategic partnership to industrialize fuel-cell and battery electric Heavy-Duty Trucks for North America and Europe
LONDON — CNH Industrial N.V. (NYSE: CNHI / MI: CNHI), today announced its intention to enter into a strategic and exclusive Heavy Duty Truck partnership with Nikola Corporation, based in Phoenix, Arizona, U.S.A., to accelerate industry transformation towards emission neutrality of Class 8 / Heavy Duty Trucks in North America and Europe through the adoption of fuel-cell technology.