By Daniel Webster, dWeb.News Publisher
The partnership between the global commercial vehicles manufacturer and the US-based group specializing in zero-emission Class 8 heavy-duty trucks and related energy solutions is about to begin its manufacturing journey in Ulm, Germany.
(PRESS RELEASE) ULM, Germany, 16-Sep-2021 — /EuropaWire/ — IVECO, the commercial vehicles brand of CNH Industrial (NYSE: CNHI / MI: CNHI) and Nikola Corporation (NASDAQ: NKLA) have jointly announced they formed a joint venture in Ulm, Germany aimed at producing the Nikola Tre electric heavy-duty trucks. The manufacturing facility is ready to start production by year end (2021), which is a milestone reached at record speed and delivered on schedule as previously communicated by IVECO and Nikola Corporation. The first Nikola Tre models produced here will be delivered to select customers in the United States during 2022. In addition to the battery-electric vehicle (BEV) production model, the next evolution of this modular heavy-duty platform was also on display to the public in the form of the fuel cell electric vehicle (FCEV) prototype of the Nikola Tre, which subsequent model is expected to enter production in Ulm by the end of 2023.
Today’s launch event was hosted in accordance with current COVID-19 standards and was limited to a select gathering of about 100 international and national stakeholders and media. Gerrit Marx (President Commercial & Specialty Vehicles, CNH Industrial) was present. Mark Russell, Chief Executive Officer, President of Nikola, Winfried Herrmann (State Minister of Transport in Baden-Wurttemberg), Martin Bendel, First Mayor, and Massimiliano Ligi, Consul General of Italy, Stuttgart, Germany were also in attendance.
“Despite all the industry and global pandemic challenges we have been facing since we first announced this partnership in September 2019, it is extremely rewarding to be able to stand here today as a team and witness the execution of all of our hard work delivered on time and according to our original plans,” said Gerrit Marx during his opening address. We have created a platform for Nikola’s technology because of IVECO’s established footprint and proven expertise. Now our focus is on ensuring the success of this operation and jointly taking the lead when it comes to climate-neutral long- and short-haul heavy-duty transport.”
Spanning 50,000 square meters, of which 25,000 are covered, the Ulm manufacturing facility features a final assembly process that has been designed for “electric-born” vehicles. This site, and first phase of industrialization, represents joint investment by IVECO and Nikola and involves a projected 160 suppliers in the process from start to finish. The production line is currently anticipated to be capable of manufacturing approximately 1,000 units per shift per year and is expected to undergo progressive ramp-up in the following years. The site is expected to operate according to the principles of the World Class Manufacturing programme, with the goal of achieving zero waste, zero accidents, zero failures and zero stock, confirmed by its key characteristics which include fully digital shopfloor management designed to guarantee 100% traceability and paperless operations.
This new facility is stunning, and we are grateful for the IVECO-Nikola teams’ collaboration and perseverance in bringing it to life.” said Nikola CEO Mark Russell . “This is another significant milestone for Nikola, as we continue to execute our strategy and vision of being a global leader on zero-emission transportation solutions.
The Nikola Tre has been designed to be a reliable, safe and high-performance zero-emission transportation solution. It is based on the IVECO SWAY truck platform and an electric axle, which was co-designed by FPT Industrial. It features Nikola’s advanced fuel cell and electric technology and key components from Bosch. The teams created a modular platform that can be used for both fuel cell and battery propulsion technology. The underlying platform will mature first before adding the fuel cells as range-extension technology.
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 brand of the Company is an international leader in its respective industry sector. More information can be found on the corporate website: http://www.cnhindustrial.com
Nikola Corporation (NASDAQ: NKLA) is globally transforming the transportation industry. Nikola, a manufacturer and designer of zero-emission hydrogen-electric and battery-electric vehicles, components for electric vehicles, drivetrains, energy storage systems and infrastructure for hydrogen stations, is determined to transform commerce as we know and understand it. Founded in 2015, Nikola Corporation is headquartered in Phoenix, Arizona. Visit http://www.nikolamotor.com for more information. Follow @nikolamotor on Twitter.
Corporate Communications Manager, Europe
Tel. : +39 335 1776091
Tel. : +1 480-660-6893
Tel. : +1 313-207-5960
SOURCE: CNH Industrial N.V
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