FCA/Iveco cooperates with the Israeli government to develop natural gas technology

The Israeli Prime Minister’s Office recently signed a memorandum of cooperation with the FCA, Iveco, and Magneti Marelli through the Israel Fuel Choices Initiative’s (IFCI) office, which will allow the parties to cooperate in the development of natural gas technologies.

According to Israel’s embassy in China, due to the lack of oil resources in the country and the fact that petroleum energy accounts for 96% of the transportation sector, the Israeli government introduced a 10-year plan last year to set up an “Energy Selection Plan” office under the Prime Minister's Office. Israel's position and role in alternative energy sources in the global transportation sector.

According to the above plan, the Israeli government hopes to reduce the proportion of oil consumption in the Israeli transportation sector and plans to reduce its dependence on oil by 30% by 2020 and by 60% by 2025.

Among the signatories of the agreement, Magneti Marelli has technology in compressed natural gas (CNG) and provides powertrain solutions to FCA passenger cars and light commercial vehicles as well as Iveco's trucks and buses. In addition, the signatories of the cooperation also consider cooperation with Israeli alternative energy, smart mobile and other automotive companies.

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