Iveco takes full control of Nikola Iveco Europe

Chad Elmore Managing Editor, Power Progress

30 June 2023

New corporate name unveiled

Iveco The Nikola Tre fuel cell electric truck. (Photo: Nikola)

Iveco Group N.V. said its subsidiary Iveco S.p.A. has acquired the full and sole ownership of the German company resulting from the former joint venture Nikola Iveco Europe, which will henceforth be named as EVCO (Electric Vehicles COmpany). The action followed the finalization of the definitive agreements with Nikola Corp. as per the terms sheet described in May.

Iveco said the successful completion of this already-announced step reconfirmed the steady commitment of the company in playing a leading role in the zero-emission heavy duty transport segment.

Locations Type Continents Europe Power Technology Other On-Highway Heavy-duty trucks Batteries - other
STAY CONNECTED



Receive the information you need when you need it through our world-leading magazines, newsletters and daily briefings.

Sign up

POWER SOURCING GUIDE

The trusted reference and buyer’s guide for 83 years

The original “desktop search engine,” guiding nearly 10,000 users in more than 90 countries it is the primary reference for specifications and details on all the components that go into engine systems.

Visit Now
CONNECT WITH THE TEAM
Becky Schultz Vice President of Content Tel: +1 480 408 9774 E-mail: [email protected]
Julian Buckley Editor Tel: +44 (0) 1892 784088 E-mail: [email protected]
Chad Elmore Managing Editor E-mail: [email protected]
Josh Kunz Power Progress Brand Manager Tel: +1 414 379 2672 E-mail: [email protected]
Roberta Prandi Power Progress International Brand Manager Tel: +39 334 6538183 E-mail: [email protected]
CONNECT WITH SOCIAL MEDIA