Seat and Snam Partner to Promote Natural Gas as Vehicle Fuel
November 26 2018 - 7:16AM
Dow Jones News
By Max Bernhard
Volkswagen AG's (VOW.XE) Spanish car maker Seat and Italian gas
utility Snam SpA (SRG.MI) agreed to partner on promoting compressed
natural gas and biomethane as vehicle fuels, the two companies said
Monday.
"For Seat, one out of every five vehicles sold in Italy uses
CNG. With this agreement we aim to further enhance the development
of compressed natural gas in Italy and export this success case to
other countries," said Seat Chief Executive Luca de Meo.
The two companies said they also plan joint-research and
development projects and the agreement could be extended to other
Volkswagen brands.
Marco Alvera, the chief executive of Snam, said he believes
natural gas to be the "most immediate solution to improving air
quality in our cities, in addition to having environmental
sustainability, performance and economic advantages."
Europe has long been a large market for diesel, but the
technology and fuel type have been facing increasing backlash in
the wake of Volkswagen's emissions scandal. The German car maker
admitted in 2015 to having rigged some 11 million of its vehicles
globally with software that allows them to dodge emissions
tests.
Write to Max Bernhard at max.bernhard@dowjones.com;
@mxbernhard
(END) Dow Jones Newswires
November 26, 2018 07:01 ET (12:01 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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