The company’s first carbon-neutral plant employs Industry 4.0 technologies to produce electric axles, central drives and battery packs for Nikola Tre BEV. “Iveco Group has set a challenging goal of reaching zero emissions by 2040, ten years before the deadline of the Paris Agreement,” Annalisa Stupenengo, COO at Iveco Group, said at the inauguration event. “This applies equally to our products and to the places where we work to produce them.” Intermediate targets by 2030 include 50% reduction in absolute CO2 emissions compared to 2019, she said, and deriving 100% of total electricity consumption from renewable sources.