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Hyundai supplies light electric transporter for Iveco Europe
The Hyundai Motor Company and the Iveco Group have announced the signing of an agreement for the supply of a fully electric light commercial vehicle bearing the Iveco insignia for Europe, based on Hyundai's Global eLCV platform. The new vehicle is intended to complement the Iveco Group's range of electric-powered light commercial vehicles and expand the portfolio below the medium-duty frame transporter eDaily, which was recently introduced and is just hitting the market.
With Iveco Look and Low-Floor Design
The new agreement not only signifies an expansion of their partnership to a broader range of eco-friendly vehicle models but also underscores the joint commitment of both companies to accelerate the transition to carbon-neutral mobility and zero-carbon transport, the companies proclaim. The vehicle bearing the Iveco emblem will be the first export model based on Hyundai's new global fully electric platform for light commercial vehicles (eLCV), a specialized global EV platform for commercial vehicles with a gross vehicle weight of 2.5 to 3.5 tons. The innovative platform features Hyundai's latest technology for the next generation of BEVs with a low-floor design that enables improved usability for loading and transporting cargo, and was developed to meet the emerging needs of future electrified specialty vehicles in the market, according to the company.
Hyundai produces and delivers the E-Van, Iveco adapts
As part of the partnership, Hyundai will manufacture and deliver the Iveco chassis with a driver's cab for the European market, while the Iveco Group will adapt the complete vehicles on site and exclusively distribute them through its sales channels. The new product of the Iveco Group, based on Hyundai's Global eLCV platform, will be presented at this year's IAA Transportation 2024, which will take place from September 16 to 22, 2024, in Hanover.
Hoping for another delivery boom
Luca Sra, President, Truck Business Unit, Iveco Group, views the partnership between the Iveco Group and Hyundai Motor Company as another significant step. The introduction of the new all-electric vehicle is particularly interesting for the European market, as distribution and delivery in cities and suburbs are crucial for logistics companies. The agreement not only strengthens the product range but also enhances the relationship with Hyundai, paving the way for further joint projects towards a more sustainable society.
"We are convinced that our global eLCV platform, combined with the expertise of the Iveco Group in the European market, will be a transformative force in the light commercial vehicle market, contributing to the acceleration of a carbon-neutral future in Europe," said Ken Ramírez, Executive Vice President and Head of the Global Commercial Vehicle & Hydrogen Business of Hyundai Motor Company.
The signing of the delivery agreement, which took place at the headquarters of Hyundai Motor Company in Seoul, South Korea, was attended by Jaehoon Chang, President and CEO of Hyundai Motor Company, Ken Ramírez, Executive Vice President and Head of the Global Commercial Vehicle and Hydrogen Business of Hyundai Motor Company, Gerrit Marx, CEO of the Iveco Group, and Luca Sra, President, Truck Business Unit, Iveco Group. Hyundai Motor and the Iveco Group launched their partnership in March 2022 and have since achieved concrete results in the field of hydrogen-powered commercial vehicles, including the joint development of the eDaily FCEV and the introduction of the FCEV city bus E-Way.
Translated automatically from German.
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