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The Future Is Hydrogen

The Future Is Hydrogen

Published 03-09-20

Submitted by CNH Industrial

Gerrit Marx, President Commercial and Specialty Vehicles, CNH Industrial, addresses the Hydrogen Europe Event in Brussels

IVECOCNH Industrial’s commercial vehicles brand, is the European leader in alternative propulsion vehicles in both the truck and bus segments, primarily with natural gas engines. IVECO, is also actively engaged in developing and bringing to market a range of alternative propulsion solutions which are right-sized to specific missions. To this end, CNH Industrial, IVECO’s parent company, have partnered with the Nikola Corporation to accelerate the industrialization of hydrogen fuel-cell and battery electric Heavy-Duty truck solutions.

"There is no time for shortcuts, together we have to do the right thing now: we the manufacturers, by accelerating the industrialization of battery electric vehicles (BEV) and hydrogen fuel cell for heavy-duty trucks in long-haul transport; the institutions, by enabling the conditions for this non-cyclical transformation," said Gerrit Marx, President of Commercial and Specialty Vehicles, CNH Industrial. These remarks were made within the context of a ‘Hydrogen Fuel Cell Trucks’, event organized by Hydrogen Europe in Brussels, Belgium with Institutional and industrial stakeholders.

Mr. Marx. illustrated IVECO’s bold plans towards carbon neutrality, the partnership with Nikola Motor Company and the NIKOLA TRE – the heavy-duty BEV truck that the partnership is developing, and which is anticipated to enter production within the first half of 2021.

At the end of the conference, a joint call for the deployment of fuel cell technology and infrastructures was signed by major stakeholders, with the aim of showing the European Commission that hydrogen trucks are the main solution for sustainable mobility and underlining the need to boost infrastructure investments for hydrogen refueling.

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CNH Industrial

CNH Industrial

CNH Industrial (NYSE: CNHI / MI: CNHI) is a world-class equipment and services company. Driven by its purpose of Breaking New Ground, which centers on Innovation, Sustainability and Productivity, the Company provides the strategic direction, R&D capabilities, and investments that enable the success of its global and regional Brands. Globally, Case IH and New Holland Agriculture supply 360° agriculture applications from machines to implements and the digital technologies that enhance them; and CASE and New Holland Construction Equipment deliver a full lineup of construction products that make the industry more productive. The Company’s regionally focused Brands include: STEYR, for agricultural tractors; Raven, a leader in digital agriculture, precision technology and the development of autonomous systems; Hemisphere, a leading designer and manufacturer of high-precision satellite-based positioning and heading technologies; Flexi-Coil, specializing in tillage and seeding systems; Miller, manufacturing application equipment; Kongskilde, providing tillage, seeding and hay & forage implements; and Eurocomach, producing a wide range of mini and midi excavators for the construction sector, including electric solutions.

Across a history spanning over two centuries, CNH Industrial has always been a pioneer in its sectors and continues to passionately innovate and drive customer efficiency and success. As a truly global company, CNH Industrial’s 40,000+ employees form part of a diverse and inclusive workplace, focused on empowering customers to grow, and build, a better world.

For more information and the latest financial and sustainability reports visit: cnhindustrial.com

For news from CNH Industrial and its Brands visit: media.cnhindustrial.com

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