IVECO and Eni signed LoI in view of sustainable mobility initiatives for commercial vehicles
IVECO and Eni aim to define an integrated sustainable mobility platform for commercial fleets by offering innovative vehicles powered by biofuels and sustainable energy vectors ‒ such as HVO (Hydrotreated Vegetable Oil) biofuel, biomethane, hydrogen and electricity ‒ and the related infrastructure.
IVECO and Eni have signed a Letter of Intent aimed at exploring the opportunities for sustainable mobility initiatives in the field of commercial vehicles in Europe. IVECO has recently signed another MoU, this time with Enel X, for decarbonization initiatives in the bus and truck sectors.
IVECO and Eni aim to define an integrated sustainable mobility platform for commercial fleets by offering innovative vehicles powered by biofuels and sustainable energy vectors ‒ such as HVO (Hydrotreated Vegetable Oil) biofuel, biomethane, hydrogen and electricity ‒ and the related infrastructure.
IVECO and Eni: the areas of possible collaboration
The areas of collaboration include Eni’s offer of 100% pure HVO for IVECO heavy trucks equipped with engines able to operate on it. High-quality HVO biofuel can be used in its pure form in all of the most recent diesel engines. It is a high-quality biofuel derived from materials of vegetable origin and waste, produced using the proprietary Ecofining technology at Eni’s Venice and Gela biorefineries. 100% pure HVO enables CO2 emission reductions of 60% to 90% (calculated throughout the lifecycle) compared to the standard fossil fuel mix.
Eni and IVECO also want to speed up the market availability of biomethane, a renewable fuel made from agro-industrial waste, which can be both compressed (CNG) and liquified (LNG). The non-exclusive collaboration also embraces initiatives in favour of battery electric and hydrogen fuel cell vehicles, as well as the related infrastructure. IVECO has a launch plan for new battery electric and then hydrogen fuel cell models, while Eni intends to set up a network of charging points. The Eni Live Station in San Giuliano, near Mestre (Venice), is the first hydrogen filling station in an urban area in Italy; this will be followed by a second station in San Donato Milanese.
Decarbonization along a shared path
«We are continuing on our path towards decarbonising freight mobility, using all the currently available options and pursuing every potential area of development», commented Luca Sra, President Truck Business Unit, Iveco Group. «This collaboration with Eni is a further step forward to achieving Iveco Group’s goal of net zero CO2 emissions by 2040».
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«The collaboration with IVECO forms part of Eni’s strategy for achieving its aim of net zero emissions by 2050. To achieve this transition, it is essential to use all available technologies with a complementary approach that can contribute to supplying emissions-reducing products. Together with IVECO, we will be able to push forward with more sustainable haulage since the partnership comprises both technologically ready, immediately available solutions such as HVO biofuel, of which Eni is Europe’s second largest producer, and biomethane, as well as the joint development of solutions which will be ready in the medium and long term», added Giuseppe Ricci, Energy Evolution Business Director at Eni.
