Hyundai and Iveco are expanding their partnership to include heavy-duty electric commercial vehicles, aiming to accelerate the transition to sustainable transportation in European markets. The manufacturers have signed a letter of intent to collaborate on electric heavy-duty trucks, encompassing both battery-electric and fuel-cell vehicles.
The partnership between Hyundai and Iveco began in March 2022, focusing initially on electric commercial vehicles. Since then, they have introduced the Iveco eDaily FCEV van and the E-Way H2 bus in the fuel cell sector. The announcement of a joint light battery-electric commercial vehicle in February marked their first foray into the BEV segment, with Iveco planning to introduce an additional battery-electric model alongside the eDaily.
Luca Sra, President of the Truck Business Unit at Iveco, expressed confidence in the partnership, stating, “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.” This sentiment is echoed in the companies’ recent announcement to expand their cooperation to include heavy-duty electric trucks.
Iveco has taken over the former joint venture with Nikola Motor for heavy-duty electric trucks (battery and fuel cell) and has announced its own electric trucks for Europe. Iveco Bus also offers battery-electric and fuel cell buses in its range.
Hyundai, on the other hand, is currently represented in the truck sector with the Xcient Fuel Cell hydrogen model, which was launched in 2020 and received a revised version in mid-2021.
