Stellantis N.V. and Toyota Motor Europe N.V. (TME) yesterday announced the expansion of their existing partnership with an agreement for a new large-size commercial van, including a battery electric version. The new vehicle marks the third body type under the agreement, completing a full LCV line-up, with compact-, mid- and now a large-size LCV. (AutoInformed>Stellantis and Samsung SDI JV to Build EV Batteries in Kokomo; Stellantis to Repay Early €6.3B Fiat Credit Facility)
Stellantis and TME’s collaboration started in 2012 with the Toyota’s mid-size LCV produced at Stellantis’ Hordain plant in France, followed in 2019 by a compact-size LCV segment, produced at Stellantis’ plant in Vigo, Spain. The large-size LCV announcement allows Toyota to complete a full LCV line-up in Europe. It also – as many such emerging agreements do – offsets the ruinous development and production costs of the ongoing electrification of offerings demanded by governments and customers.
Stellantis will supply TME with the new large-size commercial van for sale in Europe 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.
Stellantis
Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) is one of the world’s major automakers. Its brands include Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat*, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis has announced plans to have global annual battery electric vehicle sales of five million vehicles by 2030, reaching 100% of passenger car BEV sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in North America.
Stellantis also increased planned battery capacity by 140 GWh to approximately 400 GWh, to be supported by five battery manufacturing plants together with additional supply contracts. This announcement is part of the long-term electrification strategy to invest $35 billion (€30 billion) through 2025 in electrification and software globally.
*Fiat has announced the removal of all non-electrified vehicles from sale in the UK. This will take effect from 1st July 2022 with the whole Fiat range now coming in electrified forms, from hybrids to fully-electric.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn.
He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe.
Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap.
AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks.
Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.
Stellantis, Toyota Expand with New Large Commercial Van
Stellantis N.V. and Toyota Motor Europe N.V. (TME) yesterday announced the expansion of their existing partnership with an agreement for a new large-size commercial van, including a battery electric version. The new vehicle marks the third body type under the agreement, completing a full LCV line-up, with compact-, mid- and now a large-size LCV. (AutoInformed>Stellantis and Samsung SDI JV to Build EV Batteries in Kokomo; Stellantis to Repay Early €6.3B Fiat Credit Facility)
Stellantis and TME’s collaboration started in 2012 with the Toyota’s mid-size LCV produced at Stellantis’ Hordain plant in France, followed in 2019 by a compact-size LCV segment, produced at Stellantis’ plant in Vigo, Spain. The large-size LCV announcement allows Toyota to complete a full LCV line-up in Europe. It also – as many such emerging agreements do – offsets the ruinous development and production costs of the ongoing electrification of offerings demanded by governments and customers.
Stellantis will supply TME with the new large-size commercial van for sale in Europe 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.
Stellantis
Stellantis N.V. (NYSE / MTA / Euronext Paris: STLA) is one of the world’s major automakers. Its brands include Abarth, Alfa Romeo, Chrysler, Citroën, Dodge, DS Automobiles, Fiat*, Jeep®, Lancia, Maserati, Opel, Peugeot, Ram, Vauxhall, Free2move and Leasys. Stellantis has announced plans to have global annual battery electric vehicle sales of five million vehicles by 2030, reaching 100% of passenger car BEV sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in North America.
Stellantis also increased planned battery capacity by 140 GWh to approximately 400 GWh, to be supported by five battery manufacturing plants together with additional supply contracts. This announcement is part of the long-term electrification strategy to invest $35 billion (€30 billion) through 2025 in electrification and software globally.
*Fiat has announced the removal of all non-electrified vehicles from sale in the UK. This will take effect from 1st July 2022 with the whole Fiat range now coming in electrified forms, from hybrids to fully-electric.
About Ken Zino
Ken Zino, editor and publisher of AutoInformed, is a versatile auto industry participant with global experience spanning decades in print and broadcast journalism, as well as social media. He has automobile testing, marketing, public relations and communications experience. He is past president of The International Motor Press Assn, the Detroit Press Club, founding member and first President of the Automotive Press Assn. He is a member of APA, IMPA and the Midwest Automotive Press Assn. He also brings an historical perspective while citing their contemporary relevance of the work of legendary auto writers such as Ken Purdy, Jim Dunne or Jerry Flint, or writers such as Red Smith, Mark Twain, Thomas Jefferson – all to bring perspective to a chaotic automotive universe. Above all, decades after he first drove a car, Zino still revels in the sound of the exhaust as the throttle is blipped during a downshift and the driver’s rush that occurs when the entry, apex and exit points of a turn are smoothly and swiftly crossed. It’s the beginning of a perfect lap. AutoInformed has an editorial philosophy that loves transportation machines of all kinds while promoting critical thinking about the future use of cars and trucks. Zino builds AutoInformed from his background in automotive journalism starting at Hearst Publishing in New York City on Motor and MotorTech Magazines and car testing where he reviewed hundreds of vehicles in his decade-long stint as the Detroit Bureau Chief of Road & Track magazine. Zino has also worked in Europe, and Asia – now the largest automotive market in the world with China at its center.