Electric bicycle manufacturer FREY has revealed that pricing details for its two brand new high-speed full suspension electric bikes --- the FREY EX and the FREY CC models. The two new e-bikes were officially introduced by FREY in September 2019.
At the unveiling of the two new e-bikes, FREY had not disclosed their prices. However, the prices of both the models have now been revealed by the company, which has also claimed that potential buyers have already started ordering the new e-bikes.
According to the pricing information disclosed by FREY for the new EX models, the cost of the entry-level EX Basic model is US $3,380, while the cost of the EX Advanced model is US $3,760, and the top-of-the-line EX Pro model is priced at US $4,010.
FREY has revealed that the EX Basic model is outfitted with one single removable 672 Wh battery, whereas the EX Advanced and EX Pro models are equipped with dual batteries.
Meanwhile, the cost of the FREY CC model, outfitted with one 840 Wh removable battery, is $2,980.
Overall, the new EX and CC models launched by FREY feature the Bafang Ultra motor which is underrated by the manufacturer at 1,000 W and 50 km/h (31 mph). The EX model will largely attract trail riders, while the CC model will apparently be preferred by riders looking for a fast and comfortable commuter e-bike.Business: Business NewsCompany NewsCompanies: FREYRegion: United StatesGeneral: FeaturedTNM
With the pace of adoption of electric vehicles (EVs) in Norway being the fastest in the world, the gas stations in the country are noticeably getting affected by the move towards electrification.
The widespread use of EVs in Norway has prompted gas stations to consider a change in their business models. With EVs increasingly taking over gas-powered vehicles, some gas stations in the country have either reduced their capacity or have shut down.
Moreover, at several gas stations across Norway, gas pumps have been replaced by EV charging points, in order to cater to the charging requirements of EV drivers. One of the gas stations at which all the gas pumps were replaced by EV chargers in September 2019 was the Circle K at the Aleksander Kielland site in Norway’s capital city Oslo.
Although gas pumps still deliver the core products at the gas stations, the demand for gas and diesel in Norway has already recorded a significant reduction. The reason behind the reduced demand for gas and diesel is that EVs presently account for more than 50% of the new cars sales in the country.
In reference to the rapid transition to EVs in Norway, Christina Bu -- from the Norwegian Electric Vehicle Association -- said that the move heralds “a new era.” Bu further added: “It is a historic milestone that the gas station chains replace fossil fuel pumps with electric chargers.”Region: NorwayBusiness: Auto SectorGeneral: FeaturedTNMCleanTech
In a recent announcement, German automaker Porsche and US aerospace company Boeing have revealed that they are partnering up for exploring the potential prospects in the Urban Air Mobility (UAM) market, including flying taxis.
According to a Memorandum of Understanding (MoU) signed by Porsche and Boeing, an international team will be created by the two companies for gathering an insight on new mobility applications
Furthermore, the independent new team will also address the diverse aspects of the UAM market. Towards that end, the team will analyze the market potential for premium vehicles as well as possible use cases.
Although no specific timeline has thus far been provided by Porsche and Boeing with regard to the expected launch of an urban air taxi, a concept for a fully electric vertical takeoff and landing vehicle (VTOL) is being developed by the two companies, in collaboration with Boeing’s Aurora Flight Sciences. Engineers at two Porsche subsidiaries -- Porsche Engineering Services GmbH and Studio F.A -- are also contributing to the development of the VTOL concept.
In reference to the UAM-related partnership between Porsche and Boeing, Steve Nordlund -- Boeing NeXt’s Vice President and General Manager -- said that the partnership with Porsche unfolds an opportunity for Boeing “to investigate the development of a premium urban air mobility vehicle with a leading automotive brand.”Companies: PorscheBoeingBusiness: Aviation SectorGeneral: FeaturedTNM
British vacuum cleaning specialist company Dyson has decided to shelve its ‘ground-breaking’ plans to manufacture electric vehicles (EVs).
The surprise move by Dyson to discontinue its EV project was revealed by the company’s founder Sir James Dyson in a recent email to the employees. With regard to the reasons behind the move, Sir Dyson said that the company is apprehensive about the commercial viability of the EV project.
Highlighting the fact that the EV project had been shelved because of financial reasons, and not engineering reasons, Sir Dyson said in the email that the team working on the project had “tried very hard throughout the development process.” He also added alongside that the company no longer sees a way to make the EV project “commercially viable.”
As a result of Dyson’s plans to axe the EV project, the whopping £2.5 billion amount which the company has already invested in the project will be rechanneled in the company’s other technology.
Dyson was previously planning to develop and manufacture EVs with unusual design and technology, including extraordinarily big wheels as well as the use of solid-state batteries. The company had said in the past that it plans to start the production of three EVs by 2021. The recent decision to cancel those plans will affect most of the more than 500 employees positioned at the company’s new base at Hullavington Airfield in Wiltshire.Business: Auto SectorCompany UpdatesCompanies: DysonRegion: United KingdomGeneral: FeaturedTNM
President Trump will be meeting senior trade advisers during a meeting at the White House. Financial markets are expecting better outcome for the 17-month long trade war between China and the United States.
Markets were expecting Chinese leadership and President Trump to reach a deal ahead of December 15 deadline for tariffs. Negotiations between officials have failed to reach any deal and tariff rollbacks are probably not on the cards.
Traders in China and United States have suffered due to tariffs but the resolution to the issue isn’t still in the sight. Reports also suggest that tariffs haven’t had any major impact on the U.S. economy or stock markets.
As per a Reuters report, “Trump’s advisers are divided about whether to proceed with the Dec. 15 tariffs and what impact such a move would have on U.S. financial markets, one source familiar with White House trade deal negotiating procedures said.”Business: EconomyRegion: ChinaUnited StatesPeople: Donald TrumpGeneral: FeaturedTNM
According to German newspaper FAZ, electronics giant Bosch is planning to manufacture new silicon carbide (SiC) semiconductors at its factory in Reutlingen. For deploying a pilot line for new SiC chip at the factory, Bosch has reportedly planned an initial investment in the “three-digit million range.”
The first sample of the new SiC chip will be officially presented by Bosch in 2020.
About the new chips, a press statement released by the Bosch headquarters has revealed that the SiC chips are made of a “miracle material.” Bosch has also asserted that the SiC chips have more electrical conductivity as compared to regular silicon chips.
Going by Bosch’s claims, the new SiC chips can lead to an increase of up to 6% in the driving range of an electric vehicle. Moreover, the advantage of the new chips in terms of power electronics is that they can ensure 50% lower energy loss in the form of heat. The reduced heat loss of the new SiC chips and their capability to work at much higher operating temperatures can yield significant cost savings for manufacturers, because they can downsize their expenditure on the cooling of the powertrain components.
With regard to the potential savings enabled by the new SiC chips, Bosch said in its press release: “This saving translates into more efficient power electronics and more energy for the electric motor and therefore for the battery range.”Business: Company NewsElectronicsCompanies: BoschRegion: GermanyGeneral: FeaturedTNM
Chinese battery manufacturer CATL has been officially granted the requisite approval for starting the new construction of its battery cell factory in Erfurt, Germany.
CATL has revealed that the go-ahead for the company’s new battery cell factory construction has been given by Anja Siegesmund, the Minister of the Environment for the Thuringia region. The approval from the Thuringian State Office for the Environment, Mining and Nature Conservation (TLUBN) was eagerly awaited by CATL before commencing the new construction of its Erfurt battery cell factory.
With the official approval now having been received by CATL, the company’s European head Matthias Zentgraf has said that the ground-breaking ceremony at the factory will likely take place in the 2019 fourth quarter.
Zentgraf also said that CATL previously planned to hold the ground-breaking ceremony at the battery cell factory in mid or late September 2019. However, the ceremony was been postponed because the company had not got the due approval from the German authorities.
CATL was earlier planning to commence the battery cell production at the Erfurt factory in 2021, and was aiming at an annual production capacity of 14 GWh. However, the company later expanded its original plans. Initially, CATL’s Chinese headquarters had planned a EUR 240 million investment in the factory by 2022, but in June this year, the planned investment was substantially increased to EUR 1.8 billion by the CATL board of directors.Business: Auto SectorCompany UpdatesEnergy SectorCompanies: CATLRegion: GermanyGeneral: FeaturedTNM
In a recent announcement, the Government of Scotland has revealed the first results of its eBike Grant Fund that enables the purchase of electric bikes across the country.
The eBike Grant Fund is part of the Scottish Government’s 2018-launched campaign to encourage people to use e-bikes or cargo pedelecs, especially on short journeys. A total amount of £273,000 has thus far been granted by the Government in round three of the eBike Grant Fund, with some more grants likely to come through before the end of 2019.
In announcing the first results of the eBike Grant Fund, the Government said that the fund has enabled the purchase of more than 100 e-bikes by 19 organisations throughout Scotland for the period 2019-20 so far.
More specifically, Ellie Grebenik -- Senior Programme Manager, Scottish Transport at Energy Saving Trust -- said that the eBike Grant Fund has supported 19 organizations in purchasing “113 e-bikes and 11 e-cargo bikes, along with four e-trikes and three trailers” in 2019 to date. Grebenik also added that e-bikes and e-cargo bikes offer health benefits, and reduce pollution and costs of transportation.
With the purchase of more than 600 e-bikes having been supported by the eBike Grant Fund since its launch, Michael Matheson -- Cabinet Secretary for Transport, Infrastructure and Connectivity -- said that the funding is part of the Government’s ambition “to develop an Active Nation,” where the opportunities to walk and cycle are available to more people than ever before.Region: ScotlandBusiness: Auto SectorGeneral: FeaturedTNMCleanTech
For the ‘EVolution Road’ research project in Sweden, a Solaris Trollino trolleybus -- manufactured by Poland-based bus and coach maker Solaris -- will be test driven on a special electric-vehicle (EV) charging track in Lund city.
The ‘EVolution Road’ research project has been initiated by Elonroad, in association with the University of Lund and Sweden’s Transport Ministry. The other partners in the EUR 9-million project include Solaris, the municipality of Lund, Innovation Skåne AB, Kraftringen Energi AB, Skånetrafiken, and Ramboll AB.
The research project involves the construction of a special road track on which the batteries of EVs will be charged both while driving and at a halt. To enable on-track and stationary charging of EV batteries, segments of conductor rails --- each of one-meter length -- will be laid on a one-kilometre stretch. The power supply on the sections of the rail will be switched on for EV charging immediately when the EVolution Road identifies an approaching EV.
The vehicle which has been selected for test driving on the special EV-charging road track is a Solaris Trollino trolleybus. For the test drive, Solaris will install a special device underneath the bus, to enable its recharging from the conductor rails entrenched in the ground. The charging systems in the Trollino trolleybus will be developed and integrated by Solaris.
The commencement of the EVolution Road construction is scheduled for 2020 first quarter. The entire project will run for a period of three years.Business: Auto SectorCompanies: SolarisRegion: SwedenPolandGeneral: FeaturedTNMCleanTech
US electric vehicle startup Bollinger Motors has presented new versions of the Jeep-like Bollinger B1 electric utility truck and the Bollinger B2 electric pickup truck.
The introduction of the latest B1 and B2 versions by Bollinger have come at a time when the startup is nearing the production of the two trucks. With Bollinger having previously unveiled the early versions of B1 and B2, the latest versions of the trucks are apparently much closer in appearance and features to their expected production versions.
Going by indications from the latest versions of the B1 electric utility truck and the B2 electric pickup, the latest production specifications of the two trucks include 120 kWh battery pack, dual motors, 614 horsepower, 668 lb.-ft. Torque, and a two-speed, high/low range gearbox.
In addition, the new B1 and B2 versions also indicate that the payload capacity of the trucks will be 5201 lb., while the towing capacity will be 7500 lb. The trucks will have 7.8 power/weight ratio, 11.75-inch vented brakes, 4-wheel anti-lock inboard discs, and 15-inch ground clearance. The top speed of the trucks will be 100 mph, and they will achieve 0-60 mph acceleration in 4.5 seconds.
With the latest versions of the B1 electric utility truck and the B2 electric pickup having now been unveiled, Bollinger has said that the details related to the production timeline and the pricing of the trucks will be disclosed in the “coming months.”Companies: Bollinger MotorsGeneral: FeaturedTNMProduct LaunchRegion: United States
German automaker Daimler’s Smart brand has released the first few images of the revised, ‘new-generation’ models of its EQ electric car lineup -- the EQ Fortwo, the EQ Fortwo Cabrio, and the EQ Forfour. The revised Smart EQ models will be debuted at the upcoming IAA event.
The Fortwo and Forfour models have been available only as electric models for some time now. The revised versions of these models come with notable design upgrades, but feature the same powertrain as the previous versions.
Hence, Smart is describing the revised Fortwo, Fortwo Cabrio, and Forfour as ‘new generation’ models only because of the refreshed design.
The key design changes in the revised Fortwo, Fortwo Cabrio, and Forfour models include a new ornamental trim for the radiator grille, slightly modified headlights, fenders painted in the same colour as the car, and the ‘Smart’ logo on the hood. The new models will also boast a bunch of connectivity features.
With the powertrain of the revised Fortwo, Fortwo Cabrio, and Forfour models remaining unchanged, the vehicles are outfitted with a 17.6 kWh battery pack, a rear-mounted electric motor capable of 60 kW output, and a driving range of between 140 km and 159 km (NEDC) depending on the model. The top speed of the vehicles will be 130 km/h, and they will be available with an optional 22 kW onboard charger which was introduced by Smart in 2018.Business: Auto SectorCompanies: DaimlerRegion: GermanyGeneral: FeaturedTNM
In recently issued joint statement, transport and energy associations in Europe have sought support from European institutions for a rapid deployment of intelligent charging infrastructure for electric vehicles (EVs).
The European transport and energy associations that have issued the joint statement include the Association of European Automobile Manufacturers, the European Electricity Industry Association, and the umbrella organisation of European NGOs from the sustainable transport sector.
In their request to European institutions to support a speedy rollout of intelligent EV charging infrastructure, the transport and energy groups said that it is imperative to ensure that EV drivers have the requisite infrastructure for easily charging their vehicles at home, at the workplace, and along the motorways.
According to the involved associations, certain important legislation should be reformed appropriately by the policymakers. These legislations include the upcoming EU Alternative Fuel Infrastructure Act (AFID) and the EU Buildings Directive (EPBD).
The demand for intelligent EV charging infrastructure put forth by the European transport and energy associations calls for a widespread expansion of the strategically located infrastructure for intelligent EV charging across the European Union. The move, as per the involved associations, will enable EV drivers to “charge without seriously affecting or overloading European electricity grids,” and will thus offer “clear benefits for customers, the electricity system, the automotive industry and society as a whole.”Region: EuropeBusiness: Auto SectorGeneral: FeaturedTNMCleanTech
The UK’s Faraday Institution has announced that it will grant an amount of up to £55 million for battery research, so that battery enhancements for transport and grid storage can be accelerated in the country.
According to the announcement, the £55 million grant will be awarded by Faraday Institution to a UK-based consortium to undertake battery research. The consortium will be led by the University of Oxford, and will comprise five other university partners as well as six industry partners.
The consortium will undertake research on battery chemistries, systems, and production techniques. The key focus of the consortium will be on potential improvements in the production of electrodes in order to support the manufacturing of lithium-ion batteries.
In reference to the £55 million grant for battery research, Faraday Institution CEO Neil Morris said that the dual objective behind the grant portfolio is to improve present-generation lithium-ion batteries and to shore up the commercialisation of next-generation batteries.
Highlighting the fact that the £55 million grant announced by the Faraday Institution will back scientists and innovators to collaborate on battery-research projects, Business Minister Nadhim Zahawi said that the collaborative projects will help deliver “a brighter, cleaner future” on UK roads. Zahawi also added: “We are committed to ensuring that the UK is at the forefront of developing the battery technologies needed to achieve our aim for all cars and vans to be effectively zero emission by 2040.”Business: Energy SectorTechnology SectorCompanies: Faraday InstitutionRegion: United KingdomGeneral: FeaturedTNMCleanTech
In a move which will enable Chinese battery manufacturer CATL to expand its raw material supply, a joint venture for cathode materials is being set up by the company with its subsidiary Brunp Recycling. CATL holds 28.5% of Brunp Recycling.
The joint venture will be called Ningbo Brunp CATL New Energy, and will be based in Ningbo in Zhejiang province.
According to the information shared by CATL, the share capital of Ningbo Brunp CATL New Energy will be 3.6 billion yuan (approximately EUR 457 million). Both CATL and Brunp Recycling will provide the share capital of the joint venture in full, though the exact distribution has not been revealed.
The key objective of Ningbo Brunp CATL New Energy will be research and development (R&D). In addition, the joint venture will also focus on the sale of battery materials as well as other “relevant materials” like cobalt and nickel. There is presently no timeline revealed by CATL about when the first products of the joint venture will be showcased.
CATL’s intent behind setting up the joint venture with its Brunp Recycling subsidiary is to consolidate the supply of cathode materials. Against the backdrop of the joint venture move, CATL Europe Co-President Matthias Zentgraf highlighted the company’s sustainability strategy, and said: “In line with the growing interest in e-mobility, we continue to strive to develop new and improved technologies that meet the needs of automotive manufacturers.”Business: Company UpdatesEnergy SectorCompanies: CATLRegion: ChinaGeneral: FeaturedTNM
According to a report by the South China Morning Post, the Chinese government is aiming for an ambitious target of getting 1 million fuel cell vehicles (FCEVs) on the roads by the year 2030. Towards that end, an interim target of 50,000 FCEVs has been set by the government for 2025.
In order to achieve its ambitious FCEV registrations target, the Chinese government is planning to promote the adoption of FCEVs in the country by offering massive subsidies to potential buyers in several provinces.
According to the report, subsidies to the amount of 160,000 yuan (approximately EUR 20,300) per FCEV will be offered to buyers in 17 provinces in 2019. Buyers of commercial FCEVs in the 17 provinces will each get subsidies of up to 400,000 yuan (EUR 50,800).
In addition to the subsidies on the purchase of FCEVs, the construction of hydrogen filling stations will also be subsidized by local authorities in ten cities. The subsidy for each hydrogen filling station constructed in the ten cities will go up to 4 million yuan (EUR 508,300).
The Chinese government’s move to subsidize FCEV purchases is aimed at achieving the ambitious 1 million FCEV target by 2030. With only 1,791 FCEVs registered in the country in end-2018, the government apparently assumes that FCEV registrations will record a moderate growth to 50,000 units by 2025, and will grow rapidly thereafter to record a staggering number of 950,000 registrations in the subsequent five years.Region: ChinaBusiness: Auto SectorGeneral: FeaturedTNMCleanTech
In a recent statement released shortly ahead of the upcoming IAA event this week, German automaker Volkswagen (VW) has revealed that its limited special edition of the ID.3 is now out of stock.
The statement is noteworthy because it implies that VW ID.3 special edition has sold out even before the start of the IAA, the event at which the model is to be officially unveiled. The ID.3 is Volkswagen’s first new model with the brand’s new logo.
The ID.3 special edition or the ID.3 1ST was introduced by Volkswagen at a launch event held in Berlin in May 2019. The automaker plans to manufacture only 30,000 units of the special edition model, which will have a driving range of up to 420 km (WLTP). The model will be available with a ‘free to charge’ advantage for one year (or up to 2,000 kWh) at charging stations with VW’s WeCharge service.
In its recent disclosure that the ID.3 1ST edition is already sold out, Volkswagen said that it has registered more than 30,000 reservations for the special edition. Interested parties have been able to reserve the ID.3 1ST edition without the requirement of a EUR 1,000 deposit.
According to the details released by Volkswagen, the ID.3 1ST edition has chiefly been ordered by potential customers in Germany, Norway, Sweden, Great Britain, and the Netherlands. Volkswagen will contact the reservation holders in autumn and spring, to enable them to make a binding order from the reservation at the dealerships.Business: Auto SectorCompanies: VolkswagenRegion: GermanyGeneral: FeaturedTNMProduct Launch
German automaker Porsche officially unveiled the final production version its first all-electric car -- the ‘Taycan’ -- on Wednesday, September 4, 2019. The Taycan unveiling comes nearly four years after the introduction of the vehicle’s ‘Mission E’ concept version.
At the unveiling event, Porsche introduced two high-performance variants of the Taycan --- the Taycan Turbo and the Taycan Turbo S. The automaker has revealed that the cost of the 670 horsepower Turbo variant will start at around $151,000, while the 751 horsepower Turbo S pricing will begin at nearly $185,000. The deliveries of the Turbo and the Turbo S will commence by the end of 2019.
Porsche also said that other lower-cost and low-power variants of the Taycan will be launched later this year. In addition, the automaker will also offer an electric crossover SUV -- the Taycan Cross Turismo -- from late 2020.
In officially unveiling the high-performance Taycan versions, Porsche has revealed the features and key specifications of the forthcoming all-electric car. According to the details shared by Porsche, the Taycan specifications include a 93.4 kWh battery pack, two electric motors capable of producing up to 617 horsepower, 265 kW regenerative braking capacity, two-speed transmission, up to 450 km driving range (WLTP), and top track speed of 260 km/h.
The Taycan will have 270 kW peak charge rate, and 2.8 seconds 0-100 km/h acceleration. The electric car will have five driving modes --- Sport, Sport Plus, Normal, Individual, and Range.Business: Auto SectorCompanies: PorscheRegion: GermanyGeneral: FeaturedTNMProduct Launch
In a recent press release, German automaker BMW has indicated that it will stop producing its i8 plug-in hybrid sports car from April 2020.
The disclosure of the imminent discontinuation of production of the hybrid i8 sports car was announced somewhat discreetly by BMW in the press release. The automaker said: “The Ultimate Sophisto Edition will escort the world’s most successful plug-in hybrid sports car since its launch in 2014 onto the finishing straight; production of the i8 will come to an end, as scheduled, in April 2020.”
The press release by BMW largely focused on the new special models for the i8 and the all-electric i3. The pricing of the special models has not been revealed by the automaker.
According to rumors, the new special model of the i8 is likely to hit the markets in 2022. BMW will produce only 200 units of the special model, in coupe and roadster variants. The special model will also apparently be a plug-in hybrid vehicle, but will be outfitted with a more powerful 250 kW combustion engine and a 150 kW electric motor. It will feature 20-inch bicolour alloy wheels, a special paint finish, and ‘E-Copper’ color accents.
Meanwhile, the special model of the i3 in the RoadStyle edition will also come with 20-inch rims, along with E-Copper accents, ‘Fluid Black’ car paint, and interior based on the ‘Suite’ equipment. BMW will produce a “limited edition” of less than 1,000 units of the special i3 model.Business: Auto SectorCompany NewsCompanies: BMWRegion: GermanyGeneral: FeaturedTNM
Germany-based Fraunhofer Institute for Solar Energy Systems (Fraunhofer ISE) has developed solar roofing for electric vehicles (EVs), in an apparent effort to increase their driving range.
The solar roofing for EVs will be introduced by Fraunhofer ISE at the upcoming IAA event in Frankfurt this month. At the event, the Institute will present two solar EV roofs in different colors.
The EV solar roofing developed by Fraunhofer ISE -- located in Freiburg -- comprises highly efficient solar cells which can be incorporated into the pre-formed solar roof in an unnoticeable manner by coating the roof in any color. The cells can lead to a considerable increase in EV driving range, specifically over short distances.
According to the details shared by Fraunhofer ISE, the solar roof for EVs have a rated output of nearly 210 W/m². Therefore, on a sunny day, the roof can supply a mid-range EV with enough electricity to travel approximately 10 km. As per the Institute’s projections, the solar roof can extend the range of an EV by “about 10 per cent” over a year.
About the rationale behind the potential use of solar roofs in EVs, Fraunhofer ISE Director Andreas Brett said that it is important to “realise a CO2-free energy supply in all sectors.” Brett further added: “In the future, solar modules will be integrated into our already built environment even more, for example into vehicles.”Business: Energy SectorCompanies: Fraunhofer ISERegion: GermanyGeneral: FeaturedTNMCleanTech
In a recent statement, UK-headquartered capital goods company CNH Industrial has revealed that it is making a $250-million investment in US startup Nikola, which specializes in the production of electric trucks.
CNH Industrial is one of the biggest capital goods companies in the world. The company was created in 2013, as a result of a merger of GNH Global and Fiat Industrial due to the Fiat Group restructuring move. CNH Industrial’s commercial vehicle brands include Iveco Bus, Steyr, New Holland, Magirus, and Hueliez Bus.
The $250-million investment by CNH Industrial in Nikola is part of the US startup’s latest funding round. Nikola is looking to secure more than $1 billion in capital in the funding round.
Along with the financial transaction with Nikola, CNH Industrial’s commercial vehicle and powertrain brands Iveco and FPT Industrial will provide development and production expertise to Nikola to help the startup commercialize its planned fuel cell and battery trucks. The expertise will facilitate Nikola’s North America launch of its Nikola One and Nikola Two models, among other electric vehicles.
Furthermore, CNH Industrial and Nikola are also planning to establish a joint venture in Europe, initially for developing the ‘Nikola Tre’ fuel cell heavy-duty truck for the European markets. Nikola has revealed that the joint venture will integrate its fuel-cell speciality, technologies for hydrogen storage onboard, infotainment, control units, and the development of over-the-air upgrades.Business: Auto SectorCompany UpdatesCompanies: Nikola Motor CompanyCNH IndustrialRegion: United StatesGeneral: FeaturedTNM