Fiat: FPT Appears at China International Import Expo: Pushing Energy Transformation and Fulfilling Zero Carbon Commitment!

November 5, 2022，The Fifth China International Import Expo（Hereinafter referred to as“Import Expo”）Grand Opening in Shanghai，Fiat Power Technology with Advanced Powertrain System Products and Technologies，With itF1C Euro 6 engine andCursor XFuture Power Source Concept EngineIt demonstrates the hard core strength of leading in the field of global power system for a century.，Show the deep strategic layout of entering Asia, especially the Chinese market.。

“Take a look at our target market for power systems，Asia has been dominant.，Its expected growth rate is much higher than that of other regions.，Among them, the potential of the Chinese market is particularly huge.，It will play an increasingly important role in promoting the development of power technology in the future.。”Vice President, Commercial Operations, Power Business, Fiat Power Technologies Asia and New ZealandFederico GAIAZZIMr. Wang said at the press conference of Iveco Group.。

Federico GAIAZZI Address at the press conferenceHead of Business Operations, Power Business, Fiat Power Technologies China

 Riccardo PAVANIAttend the press conference

So far，FPTThree R & D centers have been established in Asia.，One of them is in Korea.，2 in China，In addition, a joint venture with SAIC Group has been established in Chongqing.，Serving China's local and export markets。“AtFPT 150 years of development，We integrate and absorb different countries.、Different fields、Experience with different brands，Imprint it on ourDNAMedium，Through constant innovation.，Leading the trend and successfully meeting various challenges。”

At the moment，An unprecedented challenge lies in the field of power systems.，And that is“Zero emission”。In response to this daunting challenge，On the one hand, Fiat Power Technology continuously improves the powertrain system technology.，Continuously reduce the emission level of internal combustion engine；On the other hand, we should actively promote the transformation of new energy.，Push natural gas、Application of alternative fuels such as biomethane and hydrogen fuel，At the same time，Speed up the process of electrification，Significant progress has also been made in the field of battery driving and hydrogen fuel.。

“We firmly believe，In the future, a variety of power sources will coexist.，So，Combine different power sources with the complexity of the markets we explore，There will be a variety of solutions.。FPTDifferent technologies will be introduced according to different market maturity and local energy policies.，From efficient green diesel engines、Natural gas engines to state-of-the-art electric power solutions，Multiple paths to zero carbon goal in 2040。”

“This（Zero Carbon Target 2040）Not onlyFPTA promise，It is also the commitment of Iveco Group.！”Federico GAIAZZI Express firmly。In order to achieve this goal，FPTIt will continue to increase investment in research and development.，The purpose is not only for their own development.，It also supports the business and mission of our partners.，Promote sustainable social development！

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