London, March 11, 2020
FPT Industrial, the global powertrain brand of CNH Industrial N.V. (NYSE:CNHI / MI:CNHI),
today announced that it has acquired Potenza Technology, a company specialized in the
design and development of electric and hybrid powertrain systems.
This acquisition represents another step in FPT Industrial’s path towards electrification, one of
the pillars of its multi-power strategy.
“Sustainable powertrain technology is of increasing global focus and concern, and here at CNH
Industrial, we are committed to delivering solutions, which not only reduce emissions and
enhance productivity, but which deliver futureproof technology for the long term,” said Hubertus
Mühlhäuser, Chief Executive Officer, CNH Industrial. “This, our latest acquisition, is further
testament to this.”
“FPT Industrial is acknowledged as a leader in alternative propulsion systems, and the
acquisition of Potenza Technology will further enhance our brand’s accelerating development
of sustainable electric powertrains across a range of operating segments,” said Annalisa
Stupenengo, President Powertrain, CNH Industrial.
Potenza Technology, based in Coventry UK, has been at the forefront of electric powertrain
technology since 1999. The Company has specific expertise in functional safety, battery
management systems for traction battery packs, and electric and electronic systems design