Skip to content
Back to Guavy Wire
Commodities

Hexagon Agility Secures Global Deal for IVECO BUS CNG Systems

Instruments
Natural Gas
Share

Hexagon Agility has signed a three-year exclusive agreement to supply IVECO BUS natural gas and biomethane transit vehicles worldwide. This deal extends a two-decade relationship between the companies, which has supported the production of over 10,000 CNG buses.

The agreement covers complete compressed natural gas fuel systems, including Hexagon Agility's carbon-fiber Type 4 cylinders. These lightweight cylinders are approximately 30% lighter than comparable steel cylinders, reducing onboard fuel storage system weight.

Eric Bippus, chief commercial officer at Hexagon Agility, noted that transit agencies are increasingly adopting portfolios combining battery-electric and natural gas buses. This approach allows agencies to match the right technology to each route's needs, based on factors such as route length, passenger capacity, available infrastructure, local fuel supply, and operating costs.

More on Commodities

Disclaimer: Guavy is a data and market intelligence provider, not an investment advisor. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Real-time market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

© 2026 Guavy Inc