Ponte San Marco (Brescia - Italy) (May 12, 2022) — The Cavagna Group is showing an increasing interest in market opportunities that enable it to further develop its capabilities in the regulation and control of gas for use in new sustainable mobility applications – and beyond. This is evidenced by the group’s recent decision to acquire an equity interest in Ecomotive Solutions: a company that specializes in alternative fuel engines and, more generally, renewable energy applications, 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.
This partnership between the Cavagna Group and Ecomotive Solutions 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 partnership aims to strengthen a distinctive feature of both the Cavagna Group and Ecomotive Solutions: namely, their broad product offerings.
The mission of both companies is to satisfy the requests of OEMs, professional operators looking to retrofit vehicles or engines already in use, and end users with specific application needs. One of the most interesting market segments is that of industrial engines, as even these engines can use alternative, environmentally friendly fuels in their day-to-day operation.
The use of alternative fuels in energy production is just as interesting and promising. It is also a highly topical issue, not least because of the current geopolitical situation. The growing variety of non-fossil fuels of biological or synthetic origin is creating a strong demand for technological solutions for their use as an alternative to traditional fuels. In this context, the Cavagna Group and Ecomotive Solutions are particularly interested in offering systems for the conversion of diesel engines into diesel dual fuel (DDF) engines for use with natural gas, biomethane, LPG, DME, biogas, LNG, 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 alternative fuels, such as natural gas, biomethane, LPG and syngas. Companies that want to play a decisive role in the circular economy must have solutions that allow them to use these energy sources as efficiently as possible.
Davide Cavagna, CEO of the Cavagna Group, said, “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 jeopardizing 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.”
Ecomotive Solutions CEO Giovanni Deregibus said, “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 industrialization and distribution, but I am also convinced that Cavagna’s experience will enable us to make rapid progress in the development of innovative solutions, especially with hydrogen and other alternative fuels.”