SOURCE: CNH IndustrialDESCRIPTION:
CNH Industrial has received over 210,000 masks from supply chain partner Microvast. These masks, of which 10,000 are KN95 certified, will be delivered to Company facilities in Italy to continue to protect the health and safety of employees. CNH Industrial’s supply chain in China facilitated the shipment.
In 2019, FPT Industrial, the global powertrain brand of CNH Industrial signed a Memorandum of Understanding with Microvast, aimed at an industrial and commercial cooperation to enable FPT Industrial to design and assemble battery packs in-house, at its facility in Turin, Italy, to be offered on CNH Industrial vehicles and to third-party customers.
KEYWORDS: NYSE:CNHI, CNH Industrial, IVECO, PPE, Facemasks, Microvast