Five years of intense work have allowed us to present our industrialisation project in Bizkaia yesterday thanks to the investment of 5.2 million euros made by two new partners, Ekarpen and BBK, and the increase in investment by Repsol, Innvierte CDTI, EASO VENTURES, Itzarri and EIN initiated in December 2019. This financial injection will help us face the great challenge of manufacturing the first family of 100% AutoGas (liquefied gas) engines in the world with European Euro VI D approval for trucks and urban buses.
“We have been brave and committed and we will continue to be so because it is in our DNA,” added an emotional Pedro Silva, CEO of BeGas, thanking the team of people who have made the design and approval of the BeGas AVG 100% AutoGas (liquefied gas) engine family possible.
But this milestone would not have been possible without the support and collaboration of the Thermal Engines Centre (CMT) of the Polytechnic University of Valencia (UPV), of all the partners that make up BeGas and of all the people who have trusted us all this time.
At BeGas we are very proud to have come this far, not only because this step makes it easier for us to launch our project, but because we will be able to contribute to the reduction of polluting emissions from urban transport. Our engines have given excellent emissions results in the homologation tests. Taking as a basis the standards of the demanding Euro VI regulations, we have managed to reduce emissions by 51% in CO levels, 22% in PN levels, 57% in Nox levels, 29% in PM10 levels and 87% in HC levels.
Furthermore, in the next three years, we expect to generate 25 new direct jobs, 100 indirect jobs and a positive impact on the Basque automotive ecosystem, thanks to the investment of 6 million euros that we are going to make in our industrialization process.
The manufacture of our engines, available in powers of 250, 280 and 310 hp, will allow us to carry out two business models. On the one hand, the incorporation of the engines in new vehicles and, on the other hand, the re-motorization of diesel trucks and urban buses (around 3 to 8 years), which will allow their life cycle to be extended. In both cases, the vehicles will obtain the Eco – DGT label. And at BeGas, we believe that the economy is not at odds with ecology. AutoGas is an ecological fuel whose price is approximately 45% cheaper than a liter of diesel, which allows a 36% reduction in operating costs on fuel.
With the same enthusiasm with which we have undertaken this project, we intend to continue developing new engines powered by alternative fuels thanks to our technological knowledge and in line with our mission: to contribute to a sustainable future in the transport of goods and people.
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