Stellantis N.V. and Toyota Motor Europe N.V. 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 also a large-size LCV.
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. The large-size LCV announcement today, deepens the collaboration enabling Toyota to complete a full LCV line-up in Europe, while allowing both companies to benefit from development and production cost optimization.