Iveco to launch new electric van developed by Hyundai

Iveco has signed an agreement with Hyundai for the supply of a new electric light commercial vehicle.

The Iveco-badged van will be based on Hyundai's eLCV platform and will compete in the 2.5-3.5 tonne weight segment.

Under the partnership, Hyundai will manufacture and supply the chassis cab for the European market and Iveco Group will locally customise and distribute the complete vehicles exclusively through its sales channels. Iveco Group’s new product based on Hyundai’s Global eLCV platform will have its launch at this year’s IAA Transportation 2024, planned to be held from September 16 – 22, 2024, in Hannover, Germany.

The platform features Hyundai’s latest technology for next generation BEVs with a low-floor design that allows enhanced usability for cargo loading and carrying, designed to fit the emerging needs of future electrified Purpose Built Vehicles in the market.  

Hyundai Motor and Iveco Group initiated their partnership in March 2022 and have since generated concrete results related to hydrogen-powered commercial vehicles, including the co-development of the eDaily FCEV and the launch of the E-Way FCEV city bus. 

Luca Sra, president, Truck Business Unit, Iveco Group, said: “The unique partnership between Iveco Group and Hyundai Motor Company is making another significant step forward. 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.”