Stellantis and Toyota Motor Europe (TME) have announced an agreement on large-size commercial vans (LCVs) for the European market. TME already has compact and mid-size van line-up under the existing partnership and this expansion of the partnership strengthens Stellantis’ light commercial vehicle footprint in Europe.
TME’s customers will benefit from Stellantis’ cutting-edge, battery-electric technology in each LCV segment. The new commercial van will be built at Stellantis’ plants in Gliwice, Poland and Atessa, Italy. The new large-size commercial van marks TME’s first entry into the large-size commercial vehicle segment and delivery to customers is scheduled for mid-2024.
Operational excellence is by definition recognized in this expanded deal,” said Carlos Tavares, Stellantis CEO. “With this third successful engagement, Stellantis is further demonstrating its expertise in the commercial vehicle segment and in developing battery-electric technology built to support a full range of needs. This agreement strengthens our leadership in the EU30 for LCVs and low emission vehicles and moves us a step closer to realizing our Dare Forward 2030 goal of becoming the undisputed global light commercial vehicle leader, in terms of technology, manufacturing, market share, and profitability.”
The two company partnership began in 2012 with the Toyota’s mid-size LCV produced at Stellantis’ Hordain plant in France. This was followed in 2019 by an addition to the compact-size LCV segment, produced at Stellantis’ plant in Vigo, Spain. The new large-size LCV deepens the cooperation, enabling Toyota to offer a full LCV line-up in Europe. Both companies expect to benefit from development and production cost optimization.
“We are pleased that we can extend this successful partnership through the introduction of a new large-size commercial van. It represents an important addition and completes our light commercial line-up for Toyota’s European customers. The new LCV will represent a key contribution to Toyota’s growth targets for its overall LCV line-up, alongside the Hilux pick-up, Proace and Proace City, enabling Toyota to provide a mobility solution in all segments of the LCV market,” commented Matt Harrison, President and CEO at Toyota Motor Europe.
Toyota employs over 27,000 people in Europe since 1990 and has nine European manufacturing plants.
John Goreham is a long-time New England Motor Press Association member and recovering engineer. John's interest in EVs goes back to 1990, when he designed the thermal control system for an EV battery as part of an academic team. After earning his mechanical engineering degree, John completed a marketing program at Northeastern University and worked with automotive component manufacturers, in the semiconductor industry, and in biotech. In addition to Torque News, John's work has appeared in print in dozens of American news outlets and he provides reviews to many vehicle shopping sites. You can follow John on TikTok @ToknCars, on Twitter, and view his credentials at Linkedin
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