Under the Memorandum of Understanding, the three companies will work to boost the further development of methane for vehicle usage in the form of Compressed Natural Gas (CNG), as they highlight the environmental and economic benefits.

FCA and Iveco intend to further develop their ranges of natural gas vehicles while Snam will invest approximately 200 million euro over the next five years to foster the development of facilities for the supply of CNG.

The plan is to double the current number of CNG service stations to more than 2,000 over the next 10 years in line with the DAFI Directive currently in implementation to help support growth of the CNG market to over three million vehicles.