Fiat and Magneti Marelli sign up to develop natural gas based vehicles
Fiat Chrysler Automobiles, Iveco and Magneti Marelli signed a non-binding MoU with the Prime Minster of Israel’s office, to set up a Fuel Choices Initiative (FCI) for co-operation in development of natural gas based vehicles and technologies.
The entities may also enhance the association further by establishing an extended research and development operation in the fields of alternative fuels, smart mobility and the like, with participation from various Israeli organizations.
Through this partnership, the government of Israel aims to make the country a knowledge hub for alternative fuels. The program will also see a drive to increase the usage of alternate fuels in the nation’s transportation system with a sizable automotive population running on such fuel types by 2020.
Fiat Chrysler Automobiles and Iveco have built a reputation for CNG technologies, while Magneti Marelli (also a part of FCA Group) will pitch in with its modern powertrain control solutions. The Italian companies are expected to play a crucial role in developing tailor made alternate fuel technologies and transport systems for Israel which would go a long way in helping the nation keeping its automotive pollution levels and crude oil dependency in check.