MILAN (Reuters) – Italy’s Iveco on Monday showcased a prototype of its hydrogen-powered large truck, which it developed in collaboration with Hyundai Motor, the first tangible result of a broader partnership between the two companies.
Iveco and South Korea’s Hyundai Motor in March signed a preliminary agreement to explore cooperation in joint vehicle technology, joint supply, and cross-sourcing.
In July, they said Iveco would equip its future hydrogen-powered buses in Europe with fuel cell systems designed by Hyundai’s hydrogen transportation brand HTWO.
With a range of 350 kilometers (217 miles) and a maximum payload of 3 tons, the new hydrogen-powered eDaily vehicle is equipped with Hyundai’s 90 kilowatt (kW) hydrogen fuel cell system and a 140-kilowatt electronic motor, Iveco said in a statement. The car battery pack is supplied by FPT Industrial, Iveco’s powertrain unit.
Iveco, the smallest of Europe’s largest truck and bus makers, has pledged to develop a full line of zero-emission vehicles as it spun off earlier this year from former parent company CNH Industrial (NYSE:). It has a joint venture with the American Nikola Group to produce heavy trucks powered by hydrogen and electricity fuel cells.
The company also said Monday that it and Hyundai are evaluating other cooperation options, from selling products in select regions to joint developments in vehicle automation and connectivity.
Iveco added that Hyundai is also studying opportunities from FPT Industrial in the field of next generation conventional powertrains for commercial vehicles.