Iveco is leaning into its partnership with Hyundai, with the Korean manufacturer supplying an all-electric Light Commercial Vehicle from its Global eLCV platform.
The new vehicle will join Iveco’s electric LCV lineup alongside the eDaily van. The new model will be the first model outside of Korea to use Hyundai’s global EV platform, designed for use by commercial vehicles between 2.5 and 3.5 tonnes.
Hyundai’s electric platform features a low-floor design that allows enhanced usability for cargo loading and carrying, and is designed to fit the emerging needs of future electrified LCVs.
Under the partnership, Hyundai will manufacture and supply the Iveco-badged chassis cab for the European market. Iveco will locally customise and distribute the complete vehicles exclusively through its sales channels.
Iveco is expected to launch the vehicle at this year’s IAA Transportation 2024
show, planned for September 16–22, 2024, in Hannover, Germany.
The model is part of Hyundai’s assault on the electric vehicle market, with the manufacturer launching 17 models of its own — including one electric van — while licensing its technology to other partners.
“The unique partnership between Iveco Group and Hyundai Motor Company is making another significant step forward.,” explained Luca Sra, president of the truck business unit at Iveco Group. “The introduction of this new all-electric vehicle is particularly 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.”
“We are delighted to further expand our partnership’s product portfolio by leveraging our new, all-electric light commercial vehicle platform,” added Ken Ramírez, Executive Vice President and Head of Global Commercial Vehicle & Hydrogen Business at Hyundai Motor Company. “We believe our Global eLCV platform, coupled with Iveco Group’s expertise in the European market, will be a transformative force in the LCV market, contributing to the acceleration of a carbon-neutral future in Europe.”
