UPDATE 1-Iveco charts future after CNH with Nikola electric truck deal [Reuters]
Nikola Corporation (NKLA)
Company Research
Source: Reuters
UPDATE 1-Iveco charts future after CNH with Nikola electric truck deal By Reuters Staff 3 Min Read * Iveco, Nikola unveil joint production site in Ulm * Iveco spin-off from parent CNH planned for early 2022 * Iveco, Nikola sign MoU with Hamburg port for e-trucks (Recasts, adds Iveco CEO comments, changes headline) ULM, Germany, Sept 15 (Reuters) - Iveco, the truck and bus business of Italian-American CNH Industrial, is pressing ahead with plans for a spin-off aimed at expanding electric vehicle production, its CEO-designate Gerrit Marx told Reuters on Wednesday. Marx was speaking at the inauguration of a production facility in Ulm, Germany, where Iveco, a latecomer to electric trucks, and Nikola will jointly make vehicles, starting with the Nikola Tre from the end of the year. “We are electrifying across the board. We are not behind,” Marx, currently head of CNH’s commercial and speciality vehicle unit, told Reuters. “If you had asked me that question in January 2019 I would have rel
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- Nikola Co. (NASDAQ: NKLA) is now covered by analysts at Wolfe Research. They set a "peer perform" rating on the stock.MarketBeat
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- 2/22/24 - Beat
NKLA
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- 4/24/24 - Form ARS
- 4/24/24 - Form DEF
- 4/24/24 - Form DEFA14A
- NKLA's page on the SEC website