Iveco Euro 6

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Flaviana Bresee

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Aug 5, 2024, 12:28:05 AM8/5/24

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IvecoGroup N.V. (EXM: IVG), a global automotive leader active in the Commercial& Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loanfacility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italydedicated to research, development and innovation.

In detail, through the resources made available by CDP, Iveco Group will develop innovative technologiesand architectures in the field of electric propulsion and further develop solutions for autonomous driving,digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity.The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italyby the end of 2025.

IVECO invests a billion euro to renew its entire range (also electric) ahead of a 2024 that promises to be both complex and full of challenges. So much was said, so much was revealed at the launch event that took us to Barcelona for two days. Above all, the Italian manufacturer unveiled the models for a challenging 2024, which will be marked by the entry into force of the General Safety Regulation and will at the same time be very important for understanding what direction the energy transition in trucking will take.

Back to the electric IVECO trucks, the eDaily now has a range of up to 400 km in urban real-world usage, and 20 minutes of rapid charging delivers 100 km of autonomy. The S-eWay is the first electric-born software distinctive heavy-duty truck engineered and manufactured by IVECO; it offers a range of up to 500 km under full load and normal working conditions, with 80% recharging in 90 minutes at 350kW of rapid charging.

To close the launch event, a special announcement was made about a partnership between IVECO and rock legends Metallica. IVECO will support Metallica during the European leg of their M72 World Tour, running from May to July 2024, with electric and natural gas trucks accompanying the band across various locations, and IVECO electric and gas minibuses serving as shuttles during the concerts.