Company also unveils European Nikola Tre FCEV
beta version
HANOVER,
Germany, Sept. 19, 2022 /PRNewswire/ -- Nikola
Corporation (Nasdaq: NKLA), a global leader in zero-emissions
transportation and energy infrastructure solutions, began a new era
in zero-emissions transport with their partner IVECO, the
commercial vehicle brand of Iveco Group, at the IAA
Transportation 2022 today. The companies commercially
launched the European Nikola Tre battery-electric vehicle
(BEV) and unveiled the European Nikola Tre fuel cell
electric vehicle (FCEV) beta version. 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 also view
demonstrations in the outdoor IAA Test Drive Experience and ride
alongs in the Nikola Tre BEV to experience its performance, comfort
and advanced intuitive features.
The European 4x2 Artic version of the Nikola Tre BEV is a
zero-emissions heavy-duty truck with the best-in-class range of up
to 530 km and the performance to complete a wide range of regional
missions.
The European Nikola Tre FCEV in beta version also made its
debut, offering a glimpse of the soon-to-come electric propulsion
semi-truck for long hauling, and is expected to launch in the
second half of 2023 in North
America and first half of 2024 in Europe.
"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."
"Today we are making history with the first products for the
European market of IVECO's powerful partnership with Nikola
Corporation," said Luca Sra, Truck
Business Unit President, Iveco Group. "Together, our teams
have designed a modular platform capable of hosting both fuel cell
and battery propulsion technologies, starting with the European 4x2
Artic version of the Nikola Tre BEV heavy-duty truck making its
debut here today. It is the first-ever electric-born modular
platform for articulated heavy-duty tractors hosting both energy
sources: battery-electric for missions of approximately 500 km and
fuel cell electric powertrain for hauling up to 800 km in its first
generation. A true revolution that marks a tangible step towards
our ambitious goal of achieving a zero-emissions transport."
The European Nikola Tre BEV is produced by the Nikola IVECO
Europe joint venture in its dedicated manufacturing plant in Ulm,
Germany. The facility, inaugurated
in 2021, features a final assembly process specifically designed
for electric vehicles and operates to world-class manufacturing
standards.
Orders Open for European Nikola Tre BEV
Nikola and IVECO announced today the official opening of orders
for the European 4x2 Artic version of the Nikola Tre BEV. The
vehicle, which has a wheelbase of 4,021 mm, features nine batteries
with a total energy storage up to 738 kWh, which delivers a range
of up to 530 km. An 80% charge takes an estimated 100 minutes at
350 kW. With 480 kW continuous power of the FPT Industrial e-Axle,
the truck has the power, torque and range to perform applications
such as hub-to-hub deliveries and regional hauling – and its
mileage can be extended with opportunity charging. This performance
comes with low Total Cost of Ownership, making it an operationally
and financially viable zero-emission solution.
In line with its driver-centric approach, every detail in the
Nikola Tre BEV's cab is designed to enhance life on board with a
spacious and well laid out environment rich in comfort features and
advanced functionality. The infotainment system is based on
Nikola's new-generation proprietary operating technology that
integrates infotainment and navigation functions, as well as
controls for most of the vehicle's functions. The exceptionally
smooth ride and a quiet environment add to the superior driver
experience, which is expected to make the Nikola Tre a true
favorite of drivers across Europe.
For information on the Nikola Tre BEV, visit
www.nikolamotor.com.
European Nikola Tre FCEV unveiled
The Nikola Tre FCEV Artic 6x2 in beta version features a
steering tag axle and a new cab with improved aerodynamic
performance. With a wheelbase of 3,932 mm, it can accommodate
approximately 70 usable kilograms of hydrogen at 700-bar pressure.
This capacity, together with its fast-refueling time of under 20
minutes, enables a range of up to 800 km. When Nikola Tre FCEV
enters the European market in 2024, zero-emission electric
propulsion for long-haul missions will become a reality.
About Nikola Corporation
Nikola Corporation is globally transforming the transportation
industry. As a designer and manufacturer of zero-emission
battery-electric and hydrogen-electric vehicles, electric vehicle
drivetrains, vehicle components, energy storage systems, and
hydrogen station infrastructure, Nikola is driven to revolutionize
the economic and environmental impact of commerce as we know it
today. Founded in 2015, Nikola Corporation is headquartered in
Phoenix, Arizona. For more
information, visit www.nikolamotor.com or Twitter @nikolamotor.
Forward Looking Statements
Certain statements included in this press release that are not
historical facts are forward-looking statements. Forward-looking
statements generally are accompanied by words such as "believe,"
"may," "will," "estimate," "continue," "anticipate," "intend,"
"expect," "should," "would," "plan," "predict," "potential,"
"seem," "seek," "future," "outlook," and similar expressions that
predict or indicate future events or trends or that are not
statements of historical matters. These forward-looking statements
include, but are not limited to, statements regarding the company's
beliefs regarding the potential benefits of the Tre BEV and Tre
FCEV; the company's beliefs regarding the anticipated range and
performance of the Tre BEV and Tre FCEV; and the company's
expectations regarding production timelines and vehicle delivery
timelines. These statements are based on various assumptions,
whether or not identified in this press release, and on the current
expectations of Nikola's management. We cannot assure you that
forward looking statements will be achieved, and forward-looking
statements are not predictions of actual performance.
Forward-looking statements are subject to risks and uncertainties
that could cause actual results to differ materially from the
forward-looking statements, including but not limited to, design
and manufacturing changes, challenges and delays; changes in
vehicle specifications; economic, financial, legal, supply chain,
regulatory, political and business conditions and changes in
domestic and foreign markets; potential challenges arising from
COVID-19; the outcome of legal, regulatory and judicial proceedings
to which Nikola is, or may become a party; demand for and customer
acceptance of Nikola's trucks; risks associated with development
and testing of battery storage systems, e-axles, fuel cell power
modules and hydrogen storage systems; risks related to the rollout
of Nikola's business and the timing of expected business
milestones, including delivery of trucks for sale; the effects of
competition on Nikola's future business; the availability of
capital; and the other risks detailed from time to time in Nikola's
reports filed with the Securities and Exchange Commission,
including its quarterly report on Form 10-Q for the quarter ended
June 30, 2022 and other documents
Nikola files with the SEC. If any of these risks materialize or our
assumptions prove incorrect, actual results could differ materially
from the results implied by these forward-looking statements. These
forward-looking statements speak only as of the date hereof and
Nikola specifically disclaims any obligation to update these
forward-looking statements.
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SOURCE Nikola Corporation