CNH Industrial's Iveco joins the electric truck race with Nikola partnership
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TURIN, Italy (Reuters) - CNH Industrial truck unit Iveco on Monday joined the alternative propulsion party as it unveiled its first electric vehicle, which it will build in partnership with U.S. startup Nikola Motor Co.Named Nikola Tre, the truck will be built for the European market, under the deal the two groups announced in September, which brought CNH Industrial to take a $250 million stake in Nikola, $100 million in cash and $150 million in services."Just three months after we signed out..