Hyundai and Iveco strengthen their partnership for electric vehicles

Hyundai and Iveco strengthen their partnership for electric vehicles

Iveco Group and Hyundai Motor Company strengthen their partnership in the electric truck sector for European markets. This Letter of Intent (LOI) covers the development of both battery electric and fuel cell electric trucks.
Since the start of their partnership in March 2022, several significant milestones have been reached, including the very first fuel cell electric vehicle, the IVECO eDaily, in September 2022. More recently, in February, the two companies announced the signing of a supply agreement for Europe for an all-electric light commercial vehicle under the IVECO brand, based on Hyundai's eLCV platform.

Photo Iveco S-eWay FuelCell