Cavagna Group’s new acquisition shows increasing interest in clean fuel mobility
Cavagna Group has acquired an equity interest in Ecomotive Solutions, a company that specialises in alternative fuel engines, with a range of solutions covering everything from light-duty vehicles, professional logistics, and industrial flex-fuel vehicles to the maritime industry and energy production.
Cavagna Group and Ecomotive Solutions are particularly interested in offering systems for the conversion of diesel engines into diesel dual fuel (DDF) engines that use LPG, bioLPG, natural gas, biomethane, DME, hydrogen, and more. Flex-fuel engines are based on tried and tested mechanics, which have been reinterpreted with a view to sustainability in order to enable use with these alternative fuels.
This partnership aims to innovate while respecting the environment, which is certain to increasingly meet market expectations. Indeed, low-carbon engine technologies not only have less environmental impact but also lead to a competitive advantage. Furthermore, the collaboration aims to strengthen a distinctive feature of both the Cavagna Group and Ecomotive Solutions: namely, their broad product offerings.
“We are particularly satisfied with this partnership, which will enable us to strengthen our operations in a socioeconomic and market context that is destined to see continued growth. We all find ourselves in a situation in which there is a need to increasingly move toward a green economy without jeopardising development, so it is important to be able to offer valid low-carbon engine technologies. Our know-how complements and mutually reinforces that of Ecomotive Solutions, which will make us stand out even more in the field of mobility and environmentally sustainable transitions,” said Davide Cavagna, CEO of the Cavagna Group.
“We are extremely proud to welcome a major player like the Cavagna Group into our company’s management. This addition consolidates our new company structure and allows us to have even greater confidence in the projects underway and those to come. This agreement with our new partner opens up new possibilities in terms of industrialisation and distribution, but I am also convinced that Cavagna’s experience will enable us to make rapid progress in the development of innovative solutions,” commented Giovanni Deregibus, CEO of Ecomotive Solutions.
25 May 2022