FPT Industrial, the global powertrain brand of CNH Industrial N.V., today announced its agreement to acquire 100% of Dolphin N2, a startup specialized in internal combustion engine technology.
With this acquisition, FPT Industrial aims to increase fuel efficiency while reducing operating costs and CO2 emissions, initially for long-haul trucks and other heavy-duty applications. This technology could also be extended to other industrial segments across the complete power range and will be suitable for all fuels, with ad hoc configuration for a range of liquid fuel and gas applications.
“The future of the powertrain industry will be characterized by an increasing drive towards reduced environmental impact and increased efficiency,” said Hubertus Mühlhäuser, chief executive officer, CNH Industrial.