IVECO wins tender for largest order of natural gas trucks in South America
IVECO, a brand of CNH Industrial N.V. (NYSE: CNHI), secured a record order for 100 Stralis Natural Power trucks, powered by compressed natural gas (CNG), from NRG Argentina S.A. This order marks the largest of its kind in South America. Alongside the trucks, NRG has purchased 100 maintenance contracts, supporting the establishment of a service center in Río Negro, Argentina. The Stralis trucks significantly reduce fuel costs by 40-50% and emissions by up to 90%, contributing to eco-friendly transportation solutions.
- Record order of 100 CNG-powered trucks enhances market presence in South America.
- Significant fuel cost reduction of 40-50% compared to diesel trucks.
- Emissions reductions of up to 90% contribute to environmental sustainability.
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London, September 30, 2020
IVECO, a brand of CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) and a pioneer in the commercialization and manufacture of vehicles powered by alternative fuels, has won a record order to deliver 100 Stralis Natural Power trucks powered by compressed natural gas (CNG) to NRG Argentina S.A., a supplier to the oil and gas industry. The order represents the largest of its kind in South America.
In addition, NRG Argentina S.A. has purchased 100 maintenance contracts for the trucks which will enable IVECO to assist in the development of an exclusive service and maintenance center within the province of Río Negro in central Argentina, and location of NRG Argentina S.A.’s headquarters.
NRG Argentina S.A., a key industry supplier, also provides last-mile and on-site management services. The company pursues a triple impact business management strategy, which focuses not only on economic success but also on ways in which to reduce its environmental impact and promote the responsible use of resources.
“We continue to offer our Argentine clients an economically and environmentally sustainable solution. This sale represents an important next step for IVECO and for the local market, as it responds to a change in the energy matrix in our country. In addition, the sale of 100 maintenance contracts is testament to IVECO’s commitment to not only offering a product, but also providing fleet service solutions", said Marcio Querichelli, Brand Leader, IVECO, South America.
The Stralis Natural Power trucks maximise the environmental advantages of natural gas delivering a reduction of between
CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) is a global leader in the capital goods sector with established industrial experience, a wide range of products and a worldwide presence. Each of the individual brands belonging to the Company is a major international force in its specific industrial sector: Case IH, New Holland Agriculture and Steyr for tractors and agricultural machinery; Case and New Holland Construction for earth moving equipment; Iveco for commercial vehicles; Iveco Bus and Heuliez Bus for buses and coaches; Iveco Astra for quarry and construction vehicles; Magirus for firefighting vehicles; Iveco Defence Vehicles for defence and civil protection; and FPT Industrial for engines and transmissions. More information can be found on the corporate website: www.cnhindustrial.com
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CNH Industrial
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What is the recent order by CNHI's IVECO for NRG Argentina S.A. about?
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