eVehicle Technology
acoustic vehicle alerting system

Hyundai Motor and Iveco Group Expand Partnership to Explore Electric Trucks in Europe

Iveco x hyundai

Hyundai Motor Company and Iveco Group (EXM: IVG) are enhancing their collaboration to foster innovation in the

Hyundai Motor Company and Iveco Group (EXM: IVG) are enhancing their collaboration to foster innovation in the commercial vehicle industry.

The two companies signed a Letter of Intent (LOI), reinforcing their partnership with a facing view towards electric heavy-duty truck solutions, including both battery electric trucks and fuel cell electric trucks, for European markets. By leveraging the advanced technologies and assets of each party, the two companies expect to accelerate the transition to a sustainable future.

Since initiating their partnership in March 2022, Hyundai Motor and Iveco Group have achieved a series of significant milestones. Notably, in September 2022, they unveiled the first IVECO eDaily Fuel Cell Electric Vehicle at the IAA Transportation event in Hanover. This was followed by the debut of the IVECO BUS E-WAY H2 in October 2023 at Busworld in Brussels. Most recently, in February of this year, the two companies announced the signing of a supply agreement for an IVECO-badged all-electric light commercial vehicle for Europe, based on Hyundai’s eLCV platform.

Avatar photo

eVehicle Technology

Join thousands of eVehicle Experts and get the latest updates straight to your inbox!