IVECO and BNP Paribas Leasing Facilitate NG Commercial Acquisitions

| France, Paris

IVECO and BNP Paribas LeasingIVECO, a global leader in the manufacture of vehicles powered by natural gas, has set in motion a plan to help transport operators to renew their fleets with more environmentally-friendly commercial vehicles.

The arrangement is with BNP Paribas Leasing Solutions, a European leader in equipment finance. The purchasers of IVECO vehicles featuring its Natural Power technology, which runs on compressed natural gas (CNG), liquefied natural gas (LNG) and bio-methane will be granted preferential financing conditions. The arrangement is also extended to electric solutions and advanced Euro 6 RDE 2020 Ready technologies.

IVECO is the European market leader for alternative fuel vehicles with its wide offering featuring sustainable solutions. The IVECO range of alternative traction commercial vehicles covered by the preferential financing conditions include:

  • The Daily Blue Power range: IVECO’s sustainable range that offers the choice of three technologies that includes the Daily Hi-Matic Natural Power, the first CNG light commercial vehicle with an 8-speed automatic gearbox in the market, which offers the perfect combination of low emissions and driveability for urban areas.
Iveco Eurocargo 2017

Iveco Eurocargo Natural Power

  • The Eurocargo Natural Power: “The truck the city likes” for its extremely low emissions and quiet operation, which makes it ideal for night-time missions and deliveries in restricted traffic zones;
  • The Stralis NP 460: the most sustainable truck ever and the only full range of natural gas heavy trucks (powered by CNG, LNG and biomethane) with the latest-generation automated transmission designed to serve even the most demanding long-distance missions.

Pierre Lahutte, IVECO Brand President, said: “With the Green Finance schemes, we take our commitment a step further, by helping our customers’ energy transition as they make their fleets more environmentally-friendly. This initiative with BNP Paribas Leasing Solutions is testament to what can be achieved when two players from different industries join forces for such an important cause.”

Charlotte Dennery, CEO of BNP Paribas Leasing Solutions, said: “As part of its 2020 development plan, BNP Paribas clearly indicated its will to strengthen its commitment to the energy transition and the achievement of the United Nations Sustainable Development Goals. As the Group’s specialised entity in equipment finance, BNP Paribas Leasing Solutions is a natural partner to encourage companies to promote responsible equipment.”

The financing offer will be available in Belgium, France, Germany, Italy, the Netherlands and the UK via IVECO network dealers under the brand “IVECO Capital” by CNH Industrial Capital Europe, a joint financing company between CNH Industrial NV and BNP Paribas Leasing Solutions, partners since 1997 in financing capital goods.

Source: IVECO – an associate member of NGV Global

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