FPT Industrial Joins Battery Race

By Roberta Prandi19 November 2019

FPT Industrial has announced the signing of a Memorandum of Understanding with US-based battery specialist Microvast, for an industrial and commercial cooperation to enable FPT Industrial to design and assemble battery packs in its Turin facility, Italy.

FPT Industrial is also expected to design and engineer a new e-platform to develop and industrialize complete electrified powertrain systems, that will be sized and customized for specific missions, both on- and off-road.

“FPT Industrial is a recognized leader in alternative propulsion systems, and this agreement further preparers us for the challenges facing our industry,” said Hubertus Mühlhäuser, CEO of CNH Industrial, FPT Industrial’s parent company.

FPT Industrial has championed already since some time the concept of a multi-power approach for future powertrains. The company is at the forefront in natural gas propulsion systems, especially for on-road applications and introduced at the Bauma show 2019 its Cursor X Power Source concept – a power unit that would adapt to provide the most suitable solution for the customer’s business and mission, whether based on natural gas internal combustion, hydrogen fuel cell electric generation, or battery-stored energy.

The definitive agreement with Microvast is expected by the first quarter 2020.

Microvast is based in Houston, TX, and has a subsidiary in Germany for the European, Middle East and Africa (EMEA) market. The company designs, develops and manufactures ultra-fast charging, long life traction battery systems.

 

NEWSLETTER
Delivered directly to your inbox, New Power Progress newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
CONNECT WITH THE TEAM
Mike Brezonick VP, Power Division Tel: +1 262 754 4112 E-mail: mike.brezonick@khl.com
Alister Williams VP Sales Tel: +1 843 637 4127 E-mail: alister.williams@khl.com
CONNECT WITH SOCIAL MEDIA
Latest News
Air Products, Cummins in MOU on fuel cell trucks
Transition of Air Products tractor fleet to zero emissions to start with demonstration program
Electric Spierings for Jos Blom
Spierings zero-emission eLift and eDrive cranes for Jos Blom Kraanverhuur in the Netherlands
HummingbirdEV develops fast charging system for electric tractors
HummingbirdEV tender truck charges electric tractors in the field