India, March 14 -- South Korean auto giant Hyundai Motor Company and Iveco Group (IVG) Thursday said they are strengthening their partnership to drive innovation in the commercial vehicle sector.
The two companies signed a Letter of Intent, reinforcing their partnership with a facing view towards electric heavy-duty truck solutions, including both battery electric trucks and fuel cell electric trucks, for European markets.
The two companies expect to accelerate the transition to a sustainable future.
The companies announced that since initiating their partnership in March 2022, Hyundai Motor and Iveco Group have achieved a series of significant milestones. Including, in September 2022, they unveiled the first IVECO eDaily Fuel Cell Elect...