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CNH separates on-/off-highway businesses, invests big in Nikola

2019-09-24
CNH Industrial is separating its On-Highway (commercial vehicles and powertrain) and Off-Highway (agriculture, construction and specialty vehicles) segments into two listed entities, as part of its new five-year 2020-2024 business plan. The manufacturer also announced that it’s taking a $250 million strategic stake in Nikola as the lead Series D investor.
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Electric machines find their niche

2019-09-12
Smaller machines working in cities are particularly ripe for electrification, but most off-highway applications will retain the internal combustion engine.
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