Photo credits @ Iveco (photo used for illustration purposes only)

Hyundai Motor and Iveco Group launch electric heavy-duty truck partnership in Europe

Hyundai Motor Company and Iveco Group have strengthened their collaboration by signing a Letter of Intent (LOI) to explore electric heavy-duty truck solutions for European markets. The move will cover both battery electric and fuel cell electric trucks, leveraging each party's advanced technologies and resources to accelerate the transition to a sustainable future.

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The partnership between Hyundai Motor and Iveco Group dates back to March 2022. The two companies introduced the IVECO eDaily Fuel Cell Electric Vehicle at the IAA Transportation event in Hanover in September 2022, and unveiled the IVECO BUS E-WAY H2 at Busworld in Brussels in October 2023.

The latest development in this partnership came in February this year with the announcement of a supply agreement for an all-electric Iveco light commercial vehicle tailored for the European market. This vehicle, based on Hyundai’s eLCV platform, demonstrates the commitment of Hyundai Motor and the Iveco Group to deliver cutting-edge electric mobility solutions that meet the evolving needs of businesses and consumers alike.