Nikola, E.ON and Richter Group sign collaboration agreement

Nikola and E.ON and Richter Group announced a Letter of Intent for an initial order of 20 Class 8, heavy-duty Nikola Tre hydrogen electric vehicles and the hydrogen needed to supply them. Richter Group is a provider of individual logistics services comprising hub and direct transport solutions for courier, express and parcel clients. Located in Germany, it currently owns a fleet of over 160 diesel-powered trucks with loading and unloading points in the Netherlands, Belgium, France and the United Kingdom. Nikola and E.ON intend to help Richter Group decarbonize its vehicle fleet by providing hydrogen electric trucks, the required green hydrogen, and the refuelling infrastructure through the previously announced joint venture that is to be established in the upcoming weeks. The initial order of 20 Nikola Tre hydrogen electric trucks are expected to be delivered to Richter Group in 2024. Richter Group intends to transition their entire fleet to Nikola Tre hydrogen electric trucks over the next four to five years. Richter Group also plans to work with their logistics partners to transition fleets to Nikola’s zero-emission vehicles, which could equate to an additional 750 hydrogen electric trucks within that same timeframe. The Nikola Tre hydrogen electric trucks in the European 6×2 variant will be manufactured by the joint venture between Nikola and Iveco Group at their facility in Ulm, Germany. Richter Group and its partners may acquire some or all Nikola Tre hydrogen electric vehicles through GATE – Green & Advanced Transport Ecosystem, IVECO’s all-inclusive electric truck rental model. IVECO will provide the essential maintenance and service functions. E.ON will provide Richter Group with green hydrogen and develop the refuelling infrastructure to meet the needs of the hydrogen electric vehicles brought to market. The first refuelling solution within the scope of this project will be located on the premises of Richter Group in Wesel, Germany. Both hydrogen supply and logistics will be supplied though the Nikola and E.ON joint venture once it is officially established.