LCV

Hyundai Motor Company and Iveco Group announced signing a supply agreement of an Iveco-badged all-electric light commercial vehicle for Europe, based on Hyundai’s Global eLCV platform. The new vehicle will join Iveco Group’s electric light commercial vehicle lineup, enhancing the Group’s LCV portfol...

Electrified component shipments are driven by sales of BEVs. Over 50% of powertrain component revenues currently come from the battery pack alone.

Ricardo has been developing a rare-earth magnet-free sustainable electric motor concept with aluminium stator windings, which retains the key attributes of magnet-rich motors. The goal has been to create technology which is robust, costs less than current products and reduces lifecycle impact by eli...