BYD and Hino Motors have signed an alliance agreement covering commercial battery electric vehicle (BEV) development.
The companies will speed development of commercial BEVs and cooperate in retail and other business to promote the adoption of BEVs.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
"The cooperation between the Chinese and Japanese companies will benefit the development of commercial vehicle electrification by introducing leading technology and rich experience, which will accelerate the global adoption of pure electric commercial vehicles," BYD said.
Hino said: "By bringing together BYD's achievement in BEV development and Hino's electrification technology and reliability built over years of experience in developing hybrid vehicles, we will develop the best-fit commercial BEV products [and bring them to market quickly]".
Hino already builds light duty electric and medium duty plug-in hybrid buses.
Its heavy truck with sixth generation hybrid system offers a claimed 15% fuel efficiency improvement.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
