IVG Iveco Group NV

Turin, 29th February 2024. IVECO, the brand of Iveco Group (EXM: IVG) that designs, manufactures and markets light, medium and heavy commercial vehicles, has received an order for the supply of 178 S-Way CNG (Compressed Natural Gas) trucks to the Post & Parcel Germany division of DHL.

The order will expand DHL's sustainable fleet, furthering their commitment to reducing their carbon footprint and contributing to the decarbonisation of road transport. The new trucks will be primarily used for inter-hub transport at DHL parcel centres, customer pick-ups, and urban deliveries to post offices.

The IVECO S-Way CNG trucks are equipped with Cursor engines from FPT Industrial – the Iveco Group brand specialised in low-environmental impact powertrains – that can be powered by bio-CNG. Bio-CNG is a sustainable renewable fuel derived from waste and residual materials; its use can reduce CO2 emissions by up to 95% compared to a diesel engine and, if the gas is sourced from manure, could even achieve a negative carbon footprint of up to -120%.

“Compressed Natural Gas technology is currently the most mature solution on the market for reducing emissions and our IVECO S-Way CNG ensures extremely efficient performance, while maximising the benefits of the most eco-friendly fuels available today.” Commented Luca Sra, President, Truck Business Unit, Iveco Group. “We are proud to partner with DHL in their efforts to reduce their environmental impact and contribute to a more sustainable future.”

Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a major force in its specific business: IVECO, a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks; FPT Industrial, a global leader in a vast array of advanced powertrain technologies in the agriculture, construction, marine, power generation, and commercial vehicles sectors; IVECO BUS and HEULIEZ, mass-transit and premium bus and coach brands; IDV, for highly specialised defence and civil protection equipment; ASTRA, a leader in large-scale heavy-duty quarry and construction vehicles; MAGIRUS, the industry-reputed firefighting vehicle and equipment manufacturer; and IVECO CAPITAL, the financing arm which supports them all. Iveco Group employs more than 35,000 people around the world and has 20 industrial sites and 29 R&D centres. Further information is available on the Company’s website www.ivecogroup.com

Media Contacts:Francesco Polsinelli, Tel: +39 335 1776091Fabio Lepore, Tel: +39 335 7469007E-mail: mediarelations@ivecogroup.com

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