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CNH Industrial to take $250M strategic stake in Nikola; partnership on fuel-cell and battery-electric heavy-duty trucks

Green Car Congress

CNH Industrial N.V., the owner of IVECO and FPT Industrial, intends to enter into a strategic and exclusive heavy-duty truck partnership with Nikola Corporation 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.

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Iveco Group acquires full control of Nikola Iveco Europe

Green Car Congress

announced that, following the finalization of the definitive agreements with Nikola Corporation as per the terms sheet described on 9 May 2023, its subsidiary Iveco S.p.A. Iveco Group N.V.

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CAR report quantifies automotive’s position as a leading high-tech industry

Green Car Congress

Percentage of Global R&D Spending by Industry, 2013. A newly-released report by the Center for Automotive Research (CAR) concludes that the automotive industry is not only “high-tech,” it is frequently a leader in technological developments and applications. Click to enlarge. —Center for Automotive Research. Click to enlarge.

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Hino to join hydrogen demo study in California ports with Class 8 trucks

Green Car Congress

Hino USA has been awarded a grant provided by the New Energy and Industrial Technology Development Organization (NEDO), a Japanese governmental agency, to promote new technology for energy and environmental sector, along with Hino Motors, Ltd. Mitsui E&S Machinery Co. and PACECO CORP, along with Hino.

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Lightning eMotors announces production launch of GM-based ZEV4 work trucks

Green Car Congress

Lightning’s ZEV4 platform is compatible with a variety of bodies from manufacturers including, but not limited to, Knapheide, Rockport Trucks, Brown Industries, and Morgan Corporation. Federally, the United States’ passing of the $1.2-trillion

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Nationwide Charging Revel in Consortium contains automakers, charging corporations, researchers

Baua Electric

The nationwide labs will store individuals’ information secret and grant an free overview of information from all contributors, Subtle stated. “Our goal is to produce solutions that industry buys into and can immediately implement to overcome barriers to charge infrastructure, reliability and usability,” Subtle stated. .

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Minda Corporation, Pricol to present arguments to CCI over stake acquisition | Autocar Professional

Baua Electric

Minda Corporation and Pricol Ltd. The move was labelled a “hostile takeover” by many in the auto industry, setting the stage for a potential battle before the antitrust regulator. This obligation only applies to Minda Corporation and not the target company, Pricol. stakes worth Rs 400 crore in rival Pricol Ltd. .