MILAN Italy’s Iveco presented on Monday a model of the hydrogen-powered eDaily large vehicle it developed in conjunction with Hyundai Motor, the first tangible result of a larger collaboration between the two firms.
Iveco as well as South Korean’s Hyundai Motor in March signed an initial agreement to look into the possibility of collaborating on shared vehicle technology such as joint sourcing, joint procurement and supply.
They announced that Iveco will outfit its future vehicles powered by hydrogen Europe with fuel-cell systems developed for Hyundai’s brand hydrogen mobility HTWO.
The latest hydrogen-powered eDaily with the capability of 350 km (217 miles) and a payload of three tons and is equipped with Hyundai’s 90 Kilowatt (kW) hydrogen fuel cell, as well as its an electric motor of 140 kW, Iveco said in a statement. The battery pack for the vehicle is supplied with FPT Industrial, Iveco’s powertrain unit.
Iveco is the tiniest of Europe’s major bus and truck manufacturers, pledged to design an entire range of zero-emission vehicles after it was split at the start of this year from its subsidiary CNH Industrial (NYSE: CNH). It is an alliance together with U.S. company Nikola to develop hydrogen fuel cells for heavy trucks.
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The company also announced on Monday that it as well as Hyundai were looking at other possibilities for collaboration, ranging from cross-selling of products in certain areas to joint efforts in the field of vehicle automation and connectivity.
Iveco said that Hyundai is also looking to source potential partners through FPT Industrial in the area of conventional powertrains that are next-generation to power commercial cars.
