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nikola-and-iveco-sign-loi-with-gp-joule-for-100-fcevs
nikola-and-iveco-sign-loi-with-gp-joule-for-100-fcevs

Nikola and Iveco sign LoI with GP Joule for 100 FCEVs

Nikola Corporation and IVECO have announced a Letter of Intent for an order of 100 Class 8, heavy-duty Nikola Tre hydrogen Fuel Cell Electric Vehicles (FCEVs) from German system provider GP Joule.

The Nikola Tre FCEVs in the European 6×2 variant will be manufactured by the joint venture between Nikola and Iveco Group at the Ulm site in Germany.

Thirty of the initial 100 Nikola Tre FCEVs are expected to be delivered to GP Joule within 2024. This will be followed by the delivery of the remaining 70 vehicles in 2025, with the possibility to acquire them through GATE – Green & Advanced Transport Ecosystem – Iveco Group’s all-inclusive electric truck rental model.

Iveco will provide the essential maintenance and service functions, and GP Joule will make the 100 Nikola trucks available to its customers in transport and logistics. The order is subject to GP Joule’s successful application for KsNI funding, Germany’s programme to support the acquisition of vehicles with alternative, climate-friendly drives.

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