Stellantis and Toyota Motor Europe announced an extension of their mutual cooperation. The two automotive giants will develop and sell a new large-size van (no further details about the vehicle have been disclosed), including an electric version of the commercial vehicle. The new vehicle marks the third body type under the already existing agreement, completing a full LCV line-up, with compact-, mid- and now also a large-size LCV.
The new large-size van is planned for mid-2024
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 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 competitive and appealing addition to the compact-size LCV segment, produced at Stellantis’ plant in Vigo, Spain.
Statements from Stellantis and Toyota
“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.
“Operational excellence is by definition recognized in this expanded deal”, stated 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”.