Hyundai to supply Iveco with new electric LCV

Hyundai and Iveco have signed a supply agreement of an Iveco-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco’s electric light commercial vehicle line-up, enhancing the group’s LCV portfolio alongside the Daily.

Hyundai and Iveco initiated the partnership in March 2022 and have since generated concrete results related to hydrogen-powered commercial vehicles, including the co-development of the eDaily FCEV and the launch of the E-Way FCEV city bus. The new agreement not only signifies an extension of the partnership to encompass a broader array of eco-friendly line-ups, but also underscores the commitment of both companies to accelerate the transition towards carbon-neutral mobility and transport.

The Iveco-badged vehicle will be the first export model to apply Hyundai’s new Global all-electric Light Commercial Vehicle (eLCV) platform, a dedicated global EV platform made for commercial vehicles ranging from GVW 2.5 tonnes to 3.5 tonnes. The platform features Hyundai’s latest technology for next generation BEVs with a low-floor design that allows enhanced usability for cargo loading and carrying, designed to fit the needs of future electrified purpose-built vehicles in the market.

Under the partnership, Hyundai will manufacture and supply the Iveco-badged chassis cab for the European market and Iveco Group will locally customise and distribute the complete vehicles exclusively through its sales channels. Iveco’s new product will have its launch at this year’s IAA Transportation 2024, planned to be held from September 16-22, in Hannover.

Luca Sra, president, truck business unit at Iveco, said:

The unique partnership is making another significant step forward. The introduction of this new vehicle is exciting for the European market, where urban and suburban distribution and delivery are crucial missions for logistics operators. We are confident that this agreement will not only strengthen our product offering but will also deepen our relationship with Hyundai, paving the way for continued collaborative projects that advance a more sustainable society.

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