Microvast and Iveco Group have announced the expansion of their partnership and the development of next-generation battery technologies for commercial vehicles.

The agreement builds on a collaboration initiated in 2017, focused on battery-electric solutions for the European market, and now extends to new battery generations intended for multiple vehicle platforms. The announcement positions the partnership within the ongoing deployment of electrified fleets across light, medium, and heavy-duty segments, according to a Microvast press release dated late March 2026.

Microvast – Iveco battery partnership gets larger

The cooperation between the two companies began with the IVECO eDaily programme, where Microvast supplied battery systems based on VDA modules and 52 Ah cells. This configuration remains in production and established the initial industrial framework for subsequent developments, Microvast states.

A further step was reached in 2023 with the introduction of the Microvast MV-I Gen 1 battery pack. The system is assembled at the FPT ePowertrain plant in Turin (as announced already in 2019) and integrated into the Iveco Bus platform, extending the application of Microvast technology to bus operations. According to an interview we published in late 2023 with Daniele Pozzo, Head of Marketing & Product Portfolio at FPT, the Turin plant has an installed capacity of 1.3 GWh, with margins to increase over the years.

The partnership has since progressed to the MV-I Gen 2 battery pack, also assembled in Europe. This generation is currently deployed across the full Iveco Bus vehicle range and the Iveco S-eWay Rigid heavy-duty truck platform. The Gen 2 system remains in production and is used in fleet operations requiring scalable battery configurations and standardized integration across vehicle types, as stated in the Microvast press release.

Industrial roadmap and future battery development

The companies confirmed ongoing work on future battery generations aimed at further developments in performance and efficiency for the European commercial vehicle market. Production activities remain anchored in European facilities, including the Turin site for battery assembly.

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Microvast also indicated the role of its manufacturing capacity expansion, including the Huzhou 3.2 facility, in supporting future supply requirements linked to Iveco Group programmes. The partnership continues to cover multiple vehicle categories, from light commercial vans to buses and heavy-duty trucks, with battery systems designed for platform compatibility.

The collaboration framework includes battery system development, industrial assembly, and integration into Iveco Group vehicle architectures, maintaining continuity with previous programme phases and extending to upcoming product cycles, according to the Microvast press release.

“Through this partnership, Iveco Group and Microvast continue to reaffirm reliable, innovative, and sustainable energy solutions,” said Alessandro Bernardini, Head of Zero Emission Propulsion & Energy, Iveco Group. “Together, we are driving the transformation toward a zero-emission transportation future.”

“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,” added 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.”

Highlights

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