Stellantis-Toyota electric van slated for European market release in mid-2024

MANILA: Stellantis and Toyota Motor Europe (TME) will together build a large commercial van (LCV) with a battery electric version. The product will be an expansion of the two carmakers' existing partnership, and will complete a full LCV lineup, with compact-, mid- and now also a large-size LCV.

For the European-market LCV, Stellantis will supply TME with the new large-size commercial van under the Toyota brand. The new vehicle will be produced at Stellantis’ plants in Gliwice, Poland and Atessa, Italy. Planned for mid-2024, the new large-size commercial van marks TME’s first entry into the large-size commercial vehicle segment.

“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.”

In 2012, Stellantis and TME’s collaboration started with Toyota’s midsize LCV produced at Stellantis’ Hordain plant in France.  This is followed in 2019 with a compact-size LCV produced at Stellantis’ plant in Vigo, Spain.

The future LCV deepens the collaboration, while allowing Toyota to complete a full LCV lineup in Europe. At the same time, both companies are expected to benefit from development and production cost optimization. 

Stellantis is a parent company comprised of carmakers such as Citroën, Fiat, Jeep, Maserati, and Peugeot. 

Photos from Stellantis

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