Hyundai and Iveco explore alliance for heavy-duty EVs

Hyundai and Iveco want to expand their partnership to include heavy-duty electric commercial vehicles. Iveco recently publicised its plans for a light electric commercial vehicle with Hyundai technology. Now, both sides also want to focus on heavy-duty tonnages.

Image: Hyundai

The manufacturers have signed a letter of intent to cooperate on electric heavy-duty trucks for European markets – including battery-electric and fuel-cell vehicles. No further details are given in the identical, brief announcements from both companies. It merely states that “the two companies expect to accelerate the transition to a sustainable future.”

Hyundai and Iveco initiated their partnership for electric commercial vehicles in March 2022. They have since presented the Iveco eDaily FCEV van and the E-Way H2 bus in the fuel cell sector. With the announcement of a joint light battery-electric commercial vehicle at the beginning of February, the cooperation was extended to the BEV segment for the first time. As a result, Iveco will add another battery-electric model to its range alongside the eDaily. The as-yet-unnamed model will be positioned below the eDaily.

Back in February, Luca Sra, President of the Truck Business Unit at Iveco, said: “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.” Another such cooperation has now been announced in the heavy-duty sector.

As is well known, Iveco has completely taken over the former joint venture with Nikola Motor in terms of heavy-duty electric trucks (battery and fuel cell). It also announced its own electric trucks for Europe. Iveco Bus also already has battery-electric and fuel cell buses in its range.

Hyundai is currently represented in the truck sector with the Xcient Fuel Cell hydrogen model. The Koreans launched the 27-tonne truck on the market in 2020. The company presented a revised version in mid-2021.,


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