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CNH Industrial Announces Updates on its Investment in Nikola Corporation
June 8, 2020 | 3 min read June 8, 2020 | 3 min readLondon–CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced the following updates on the $250 million investment, made through its IVECO commercial vehicle segment, in Nikola Corporation (NASDAQ: NKLA) as a consequence of the completion, on June 3, 2020, of the previously announced merger between VectoIQ Acquisition Corp., a publicly-traded special purpose acquisition company, and Nikola Corporation (the ‘Merger’).