Nikola Motor has signed a Memorandum of Understanding (MoU) with the Hamburg Port Authority (HPA) alongside commercial vehicle brand IVECO. The news came during the inauguration of Nikola’s joint venture manufacturing facility in Germany with IVECO. With the MoU, both parties shared intentions to collaborate on the testing and implementation of up to 25 Nikola Tre BEVs in 2022.

If you’ve heard of Nikola Corporation ($NKLA), you’re more than likely familiar with its meteoric rise in the EV world… and its catastrophic plummet back to Earth. The company began presenting a number of zero-emission vehicle concepts about five years ago, garnering hype alongside hundreds of millions of dollars in investments.

This included the backing of major automotive players like GM, who signed a deal with Nikola to produce its electric/hydrogen Badger pickup truck. After demonstrating the capabilities of its electric semi truck prototype, the sturdy…

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