CNH Industrial

When two of the most influential men in global trucking sat down to talk in Phoenix, Arizona last spring, they discovered they shared the same passion for full industry transformations, and for outpacing and outthinking sluggish incumbent players. They quickly decided to combine their expertise.

After more than 20 years in some of the world’s largest technology companies, Parag Garg was looking for a new challenge. That did not make it any less of a surprise when in early 2021, he took a phone call from Scott Wine, CEO of agricultural and construction equipment manufacturer CNH Industrial.

We need to consider that the rise of economies is often directly correlated with a rise in emissions. So how do we decouple the two? The solution lies in changing energy technologies and behaviors, while working to mitigate the current scenario.

More than 20 years after capital goods giant CNH Industrial launched its first trucks and buses powered by natural gas, the technology is breaking out of its niche markets and poised to dominate the mainstream.

The number of people sharing the planet continues to climb toward 9.7 billion by 2050, according to projections by the United Nations. Guaranteeing universal access to basic needs is the only means to prevent human conflict and environmental disaster.

As the leading company in its sector for the seventh consecutive year, according to the Dow Jones Sustainability Index, CNH Industrial takes its responsibility to the environment and people seriously.

In June 2021, just five months after joining agricultural machinery and construction equipment company CNH Industrial as CEO, former naval officer Scott W. Wine announced the $2.1 billion acquisition of precision agriculture pioneer Raven Industries – the largest in the Company’s history.

While the high performance road vehicles of global brands such as Nissan, Renault and Toyota may be the most visible face of the fuels revolution, it is in the world of agricultural and industrial equipment that change is taking place at the fastest rate.

Today a vehicle that is equipped with a gas engine may cost more, but when taking into account fuel consumption and the price of fuel, the total cost of ownership is lower. The environmental improvements are significant. Gas trucks are allowed into low emission zones where diesel vehicles are not permitted.