Nikola Motor and IVECO launch the Tre, a zero emission joint venture truck
Nikola Motor and IVECO have unveiled the zero emission TRE tractor unit, the product of a joint venture between the two companies.
Manufactured by IVECO, the truck is based on the S-Way tractor unit, and uses a choice of two Nikola zero emission drivelines. First deliveries of the battery electric TRE will commence in 2021, with a hydrogen fuel cell version following two years later.
Its reveal comes just 100 days after IVECO invested $250m (£190m) in the Arizona start-up company.
Speaking at the launch, Nikola’s founder and CEO Trevor Milton, said: “We only signed the paperwork with IVECO three months ago, and our teams, without sleeping, have manged to pull this off. Other OEMs would take three years to put a programme like this together. If we can do this in three months, just think what we can do together in three years.”
While badged as Nikola, the trucks will be sold and maintained through IVECO’s European dealer network. While prices are yet to be unveiled, Milton assures us that total cost of ownership will be better than, or at least comparable to diesel-powered trucks. In the USA, Nikola trucks will be leased to customers on a seven-year 700,000 mile basis, which will include the supply of hydrogen. Nikola and IVECO are expected to go down a similar route in Europe.
Milton hit out at established truck makers, who he accused of being arrogant, and of lying to European legislators about their inability to meet future emissions target. “We are here to help the legislators. They can mandate zero emissions. It’s ready,” he said. “Nikola is coming into Europe like a freight train. It’s a powerful unstoppable force.”
Read the full story in next week's Commercial Motor - on sale 12 December
Tim Peake set to make an appearance at ITT Hub 2020
Tim Peake, the first British astronaut to visit the International Space Station, will give a speech at the ITT Hub 2020 during the FTA’s Future Logistics Conference.
Due to take place on 13 and 14 May in Farnborough’s International Conference and Exhibition centre, ITT HUB 2020 will see Peake address themes affecting the transport sector.
The Hub will host over 60 sessions take place and over 150 speakers informing more than 6,000 industry professionals of the four major challenges facing the transport sector; future data, future business, future vehicles, and future communities.
Peake was selected because FTA director of UK policy, Elizabeth de Jong, said: “it seems only fitting that we set the tone for the event with a speaker whose experience is from the epitome of future transport – space.”
“We are thrilled to have secured Tim Peake, to share his experiences and challenge the way that logistics, public transport and technology operates, both now and in the future. It promises to be a stimulating and thought-provoking session,” she concluded.
For more information about the ITT Hub 2020, click here