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FEV is an independent company involved in the design and development of powertrains, power units and burners as well as a manufacturer of prototypes and instrumentation systems.

Its professional staff have extensive experience in designing and developing new power systems as well as modifying existing designs.

FEV has also gained significant experience in the electrification of vehicles and participates in the European Green Vehicle Initiative, the public private partnership conceived by the European Commission in 2009 to focus research on issues of direct relevance to employment and the competitiveness of industry in Europe.