Iveco Group and Luxembourg Institute of Science and Technology Join Forces to Drive Innovation

11th July 2024

Iveco Group N.V. (EXM: IVG) is delighted to announce its new research and development collaboration with the Luxembourg Institute of Science and Technology (LIST), a highly regarded research and technology organization under the auspices of the Luxembourg Ministry of Higher Education and Research. This exciting partnership will be undertaken through LIST’s Sustainable Composite Materials and Manufacturing Innovation Centre (SCMM-IC), an innovative initiative supported by the Luxembourg Ministry of the Economy and the European Regional Development Fund (FEDER), with a focus on sustainable and lightweight composite materials for transport applications.

At the core of SCMM-IC’s activities is their commitment to developing materials that will contribute to achieving net zero-emission mobility. The centre conducts application-driven research, development, and innovation activities in close collaboration with major OEMs in the automotive, rail, aeronautics, and space sectors. Through this newly established collaboration, Iveco Group and SCMM-IC will collaboratively define and develop cutting-edge material technologies that align with the future needs of Iveco Group’s next generation of vehicles.

The partnership between Iveco Group and LIST is set to unfold over the next four years. The initial focus will be on sustainable and lightweight composite technologies relating to IVECO BUS, the urban, intercity, and tourist bus brand of Iveco Group, with the ultimate goal of encompassing all brands within the Group.

Composite materials offer numerous advantages to the transport sector. They significantly contribute to weight reduction, enhancing fuel efficiency and reducing emissions. The technology developments will also consider maintenance and repairability aspects, leading to cost savings and prolonged service life compared to metallic components. The integration of composite materials into vehicle design will enable Iveco Group brands to improve their performance and efficiency, while also reducing their total cost of ownership (TCO) to offer customers more sustainable and cost-effective solutions.

LIST, also known as the Luxembourg Institute of Science and Technology, is a research and technology organization (RTO) under the auspices of the Ministry of Higher Education and Research. LIST has a team of nearly 680 employees, the majority of whom are researchers or innovators from around the world. The organization is active in the fields of information technology, materials, space resources, and the environment, and is dedicated to working across the entire innovation chain, from basic and applied research to technology incubation and transfer.

By translating scientific knowledge into intelligent technologies, data, and tools, LIST plays a pivotal role in informing European citizens, guiding public authorities in their decision-making processes, and encouraging companies to develop. To learn more about the Luxembourg Institute of Science and Technology, please visit: https://www.list.lu/.

For media inquiries, please contact:
Paramita Chakraborty
Communication Officer
Tel: (+352) 275 888 2237
Email: [email protected]

Iveco Group N.V. (EXM: IVG) represents a collective of unique people and brands that drive businesses and contribute to advancing a more sustainable society. The Group is home to eight brands, each of which is a major force in its specific business area:

– IVECO, a pioneering commercial vehicles brand that designs, manufactures, and markets heavy, medium, and light-duty trucks
– FPT Industrial, a global leader in an array of advanced powertrain technologies in sectors such as agriculture, construction, marine, power generation, and commercial vehicles
– Iveco BUS and HEULIEZ, synonymous with mass-transit and premium bus and coach brands
– IDV, for highly specialized defence and civil protection equipment
– ASTRA, a leader in large-scale heavy-duty quarry and construction vehicles
– MAGIRUS, the industry-reputed firefighting vehicle and equipment manufacturer
– IVECO CAPITAL, the financing arm that supports them all

In total, Iveco Group has over 36,000 employees globally, with 20 industrial sites and 31 R&D centers. For further details, please visit the Company’s website at www.ivecogroup.com.

For media inquiries, please contact:
Francesco Polsinelli, Tel: +39 335 1776091
Fabio Lepore, Tel: +39 335 7469007
E-mail: [email protected]

In conclusion, the partnership between Iveco Group and the Luxembourg Institute of Science and Technology represents a significant endeavour that will undoubtedly drive significant progress in the development of innovative sustainable and lightweight composite materials for the transport sector. This momentous initiative is poised to make a lasting impact on the industry and contribute to a more sustainable and efficient future for mobility.