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The two men signed a letter of intent to paint heavy-duty trucks covering mobile battery and fuel transmissions for Europe.
Joint progression in March 2022 and, so far, Iveco’s eDaily FCEV van and E-way hydrogen bus have been presented.
Last February, the two men signed an agreement to acquire an Iveco-branded electric advertising vehicle for Europe, on a Hyundai platform.
Scherr’s departure coincides with Hertz’s struggles to manage emerging repair expenses and weak demand for electric vehicle (EV) rentals.
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