Nikola President Lohscheller to Give Sept. 20 Keynote Address
PHOENIX, Sept. 1, 2022 /PRNewswire/ -- Nikola Corporation
(Nasdaq: NKLA), a global leader in zero-emissions transportation
and energy infrastructure solutions, today announced that the
European Nikola Tre fuel-cell electric vehicle (FCEV) beta version
will be unveiled in a September 19
press conference at IAA Transportation in Hanover, Germany with partner IVECO, the
commercial vehicle brand of Iveco Group (MI: IVG). Nikola
Corporation President Michael
Lohscheller will unveil the Nikola Tre FCEV in Hall A24 in
Stand A01 with IVECO.
"We are anxious to unveil this German-built zero-emission truck
in front of the thousands of influential IAA guests," said
Lohscheller. "We believe this will be the beginning of a new era of
clean commercial trucking and innovative energy solutions for
Europe."
Another highlight of the event is expected to be the
September 20 keynote presentation by
Lohscheller that will discuss the importance of a European
zero-emission future.
During the show, the Nikola Tre battery-electric vehicle (BEV)
will be available for test rides at the show and product
demonstrations will take place each day from the automaker's
booth.
The up to 500-mile range of the Nikola Tre FCEV is anticipated
to enter serial production for the North American market in late
2023 at Nikola's Coolidge, Arizona
manufacturing facility. Tre FCEV production in Ulm, Germany is expected to launch the first half
of 2024.
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 FCEV; the
company's beliefs regarding the anticipated range of the Tre FCEV;
and the company's expectations regarding production 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 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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