MILAN/HANOVER, Sept 19 (Reuters) - Italy's Iveco
showcased on Monday a prototype of the hydrogen powered eDaily
large van it has developed with Hyundai Motor, the
first tangible outcome of a wider partnership between the two
Iveco and South Korea's Hyundai Motor in March signed a
preliminary deal to explore cooperating on shared vehicle
technology, joint sourcing and mutual supply.
In July, they said Iveco would equip its future
hydrogen-powered buses in Europe with fuel-cell systems designed
by Hyundai's hydrogen mobility brand HTWO.
Iveco is open-minded with regard to further such
cooperations, Chief Executive Gerrit Marx told Reuters at the
IAA Transportation trade show in Hanover, citing the need to
consolidate in light of the rapid change in the industry.
The new hydrogen powered eDaily, with a range of 350 km (217
miles) and a maximum payload of 3 tons, is fitted with Hyundai's
90 kilowatt (kW) hydrogen fuel cell system and 140 kW e-motor,
Iveco said in a statement. The vehicle's battery pack is
provided by FPT Industrial, Iveco's powertrain unit.
Iveco, the smallest among Europe's large truck and bus
makers, pledged to develop a full range of zero-emission
vehicles as it separated at the beginning of this year from its
former parent company CNH Industrial. It has a joint
venture with U.S. group Nikola to produce battery
electric and hydrogen fuel cell heavy trucks.
The company also said on Monday it and Hyundai were
assessing other collaboration options, ranging from
cross-selling products in selected regions to joint developments
in vehicle automation and connectivity.
Iveco added that Hyundai was also considering sourcing
opportunities from FPT Industrial in the area of next generation
conventional powertrains for commercial vehicles.
Marx said order books were well-filled and that it was
possible to pass on higher procurement costs to clients while
also remaining mindful with regard to higher energy prices as
(Reporting by Giulio Piovaccari and Christina Amann; Editing by
Mark Potter, Christoph Steitz and Jonathan Oatis)