News from Deutz: hydrogen at InnoTrans, change in the CFO position

Deutz is presenting its latest developments in the field of sustainable drive technologies at the InnoTrans in Berlin (24-27 September) under the motto “The Future of Mobility”.

The highlight of the stand is the TCG 7.8 H2 hydrogen combustion engine. This engine has been specially developed to meet the high demands of the off-highway sector and was certified by the German Federal Motor Transport Authority last week. It is already being used in hydrogen generators, among other things, which Deutz is supplying to China. The six-cylinder engine is based on proven technology, operates very quietly at an output of 200 kW and is therefore also used in other applications.

This is demonstrated by the recently introduced regional train from Stadler Rail, which is also being presented at InnoTrans and is powered by the Deutz hydrogen engine. As one of the largest manufacturers of rail vehicles, Stadler is creating a climate-friendly alternative for non-electrified rail lines – which, in Germany, still account for 38 % of all lines and, in Europe, 43 %.

“We should not write off combustion technology, but rather continue to develop it in a climate-friendly way. The use of our hydrogen engine in rail vehicles shows once more that pure electrification is not the only solution, especially in the off-highway sector,” explains Markus Müller, Chief Sales and Technology Officer at Deutz. “Wherever a battery-electric drive isn’t suitable, we offer a feasible alternative with our hydrogen solutions. And together with our battery solutions, we are making a significant contribution to climate-friendly mobility.”

In addition to the hydrogen engine, at InnoTrans the company also presents an innovative solution for hydrogen fuelling systems, offering a flexible solution for customers with capacities from 4 to 80 kg and advanced Type 4 composite technology.

The showcase is completed by Deutz’s high performance batteries. The modular battery systems are scalable and cover a wide range of voltages and capacities. The E360 batteries with 41 kWh and 59 kWh will be on display at InnoTrans. These batteries enable powerful electrification of a wide range of applications in the transportation sector.

Deutz, change in the CFO position

Timo Krutoff is leaving Deutz on November 30 by amicable and mutual agreement. As Chief Financial Officer and Labour Director, he has been responsible for Finance, Human Resources and Information Services since December 2022. The Supervisory Board has appointed Oliver Neu, currently Senior Vice President Finance & Controlling, as the new Chief Financial Officer and Labour Director, who will take over his predecessor’s responsibilities on October 1, 2024.

Oliver Neu, born in 1981, has headed the Accounting, Controlling, Treasury, Trade Finance, Tax and Risk Management departments since 2021. The trained banker graduated from the University of Cologne with a degree in business administration. Since 2009, Oliver Neu has held management and leadership positions in the Thyssenkrupp Group, including several years in Brazil and China. Before joining Deutz, he had overall commercial responsibility for the surface vessels division at Thyssenkrupp Marine Systems.