By Michael Elkins
American electric truck maker Nikola Corp (NASDAQ:NKLA), along with IVECO Group, announced today that they have formally launched a version of the Nikola Tre BEV truck designed specifically for Europe. The companies launched the European Nikola Tre battery-electric vehicle (BEV) and unveiled the European Nikola Tre fuel cell electric vehicle (FCEV) beta version.
“The Nikola Tre battery-electric and fuel cell electric zero-emission trucks are true game changers in commercial trucking,” said Michael Lohscheller, President, Nikola Corporation. “Specifically developed as electric vehicles, they deliver the performance and driving experience able to compete with their diesel-powered peers in the toughest heavy-duty missions. They offer operationally and financially viable zero-emissions solutions for regional applications and long-distance hauling that will give customers a true competitive advantage.”
The two vehicles were presented at a press conference on the Nikola and IVECO main stage, where they are on display. Visitors to the exhibition can view demonstrations of the vehicles during the IAA Test Drive Experience and have a chance for a ride along in the Nikola Tre BEV.
Shares of NKLA are down 10.2% near the end of trading Monday.