Global automakers Stellantis and Toyota Motor Europe (TME) have advanced their existing partnership with the announcement of a new large-size commercial van model, which will be available in a battery electric version.
Expected in mid-2024, the new model will be TME’s first large-size commercial vehicle. It will be produced by Stellantis in Gilwice, Poland and Atessa, Italy, before being brought to market across Europe under the Toyota brand.
The two companies have already collaborated on compact and mid-size LCVs together and the new, large size will complete the line-up. Toyota’s mid-size LCV was developed at Stellantis’ Hordain plant in France in 2012, and the compact version was produced at Stellantis’ plant in Vigo, Spain in 2019.
Stellantis CEO, Carlos Tavares, said: “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.”
President and CEO at Toyota Motor Europe, Matt Harrison, said: “We are pleased that we can extend this successful partnership through the introduction of a new large-size commercial van. 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.”