Microvast and IVECO announce next-generation battery technology for electric trucks
In the future, Microvast will continue supporting Iveco Group with the development of new battery generations for improved performance and efficiency in the European commercial vehicle market. "We are uniquely positioned to support Iveco Group in ambitious zero-emission targets with high-performance, European-assembled solutions that drive real-world achievement for electrified fleet operators”, said Yang Wu, CEO of Microvast.
Microvast and Iveco Group reaffirm and expand their long-standing partnership, established back in 2017 with the IVECO eDaily project. At that time, Microvast supplied battery systems based on VDA modules and 52Ah cells.
Later on, in 2023, the partnership reached a significant milestone with the introduction of the Microvast MV-I Gen 1 battery pack, assembled at the FPT ePowertrain plant in Turin and integrated into the IVECO BUS vehicle platform. Gen 2 now powers the full IVECO BUS vehicle platform and the IVECO S-eWay Rigid heavy duty truck platform, and will continue to support fleet operators.
In the future, Microvast will continue supporting Iveco Group with the development of new battery generations for improved performance and efficiency in the European commercial vehicle market.
Statements from Microvast and Iveco Group
“Our collaboration with Iveco Group demonstrates the power of long-term partnerships in accelerating sustainable e-mobility and is a blueprint for how Microvast scales,” said Yang Wu, CEO of Microvast. “We are proud to advance technologies that set new standards in performance and reliability. As we bring our Huzhou 3.2 capacity online, we are uniquely positioned to support Iveco Group in ambitious zero-emission targets with high-performance, European-assembled solutions that drive real-world achievement for electrified fleet operators.”
“Through this partnership, Iveco Group and Microvast continue to reaffirm reliable, innovative, and sustainable energy solutions,” added Alessandro Bernardini, Head of Zero Emission Propulsion & Energy, Iveco Group.
