Chinese EV major BYD and Japanese manufacturer Hino Motors have signed a strategic business alliance agreement recently with a focus on collaborating in commercial battery electric vehicles (BEVs) development. The two companies will accelerate the development of commercial BEVs to provide the best-fit product for customers in a timely manner. To begin with, the alliance will collaborate on a development of BEV products. Also, by utilizing both of their knowledge and experience, they will cooperate in retail and other related business that will promote the adoption of BEV. The companies will work together to develop and spread the best-fit commercial BEVs for customers to achieve low-carbon societies.
With this partnership agreement, Wang Jie, BYD vice president and CEO of commercial vehicle division, stated that “BYD Commercial Vehicle and Hino Motors has been committed to technology innovation and global promotion of commercial vehicle electrification. 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.”
Hino’s director and senior managing officer Taketo Nakane said, “We are pleased with this collaboration aiming to realize commercial BEVs that are truly beneficial to customers both practically and economically. 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 for consumer in working towards swift market introduction”.
BYD masters core EV technologies including battery, IGBT, electric motor and electronic controls, and has become a company that provides comprehensive new energy solutions such as new energy passenger vehicles, commercial vehicles, forklifts, and power battery products. Hino, on the other hand, has constantly strived to innovate electrified vehicle technology for over three decades, putting light-duty electric vehicle buses and medium-duty plug-in hybrid buses in operation. It’s heavy-duty truck with the newest 6th Generation Hybrid system offers the convenience of a diesel truck while improving fuel efficiency by about 15 per cent.
