FPT INDUSTRIAL AND LONGEN POWER ENTER INTO A COMPREHENSIVE COOPERATION AGREEMENT TO EXPAND INTO GLOBAL POWER EQUIPMENT MARKETS

Turin, Italy, 29 April, 2024

FPT Industrial and LONGEN POWER recently signed a comprehensive partnership agreement on the export of various types of emission models engines to different regions around the world, embarking on a new chapter of cooperation.

At the signing ceremony, Mr. Fang Tingwang, Chairman of LONGEN POWER, and Mr. Pavani Riccardo, Head of FPT Industrial China Powertrain Commercial Operations, signed the agreement on behalf of both parties. According to the agreement, over the next three years, FPT Industrial will supply engines for LONGEN POWER's gensets, and the companies will work together to promote the application and development of gensets and industrial power equipment in the global market.

LONGEN POWER is a professional manufacturer of gensets and industrial power equipment integrating R&D, design, manufacturing, sales and service. Since 2017, LONGEN POWER has successfully marketed hundreds of gensets paired with FPT Industrial engines in a large number of export markets in Europe, America, and the Asia-Pacific region, achieving a good commercial response.

This cooperation is not only a strong combination of technical excellence and market influence, but also a positive answer to the ever-increasing needs of global green power development. As an Iveco Group brand, FPT Industrial will harness its considerable resources in terms of R&D, advanced manufacturing, and leadership in sustainable solutions to provide LONGEN POWER with top-quality, high-efficiency engines to guarantee both energy security and respect for the environment all over the world.

FPT Industrial is a brand of Iveco Group N.V. (EXM: IVG), dedicated to the design, production, and sale of powertrains and solutions for on- and off-road vehicles, as well as marine and power generation applications. Over 8,000 people across ten production sites and ten R&D centers work for FPT Industrial all around the world. Active in nearly 100 different countries, its global sales and its Customer Service department supports all Brand customers. The extensive product offering includes six engine ranges with power outputs from 42 hp to over 1,000 hp, transmissions with torque up to 500 Nm, and front and rear axles from 2.45 to 32 tonne GAW (Gross Axle Weight). FPT Industrial offers the most complete line-up of natural gas engines for industrial applications on the market, with power outputs ranging from 50 to 520 hp. A dedicated ePowertrain division is accelerating the path towards net zero-emissions mobility, with electric drivelines, battery packs, and battery management systems. This extensive offering, and its strong focus on R&D, makes FPT Industrial a world leader in industrial powertrains and solutions. For more information, visit www.fptindustrial.com.

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