Benzinga | Dec 20, 2021 01:15PM EST

CNH Industrial's IVECO, Plus Plan Autonomous Trucking Pilot In Europe, China

* CNH Industrial NV's (NYSE:CNHI) commercial vehicles brand IVECO has joined Plus (formerly Plus.ai), a provider of self-driving truck technology, as their European partner for the launch of a pilot in Europe and China.

* The partnership will validate and integrate Plus's autonomous trucking technology with IVECO's latest-generation S-WAY heavy-duty truck.

* "This is in line with our customer-centric view of a more automated and safe truck aiming at improving productivity and reducing operating costs," commented Marco Liccardo, designated Chief Technology & Digital Officer of Iveco Group.

* Price Action: CNHI shares are trading lower by 2.68% at $17.24 on the last check Monday.