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09/17/18
Hanover
Volkswagen Group News

TRATON AG and Hino join forces in e-mobility and plan to establish procurement joint venture

TRATON AG and Hino join forces in e-mobility and plan to establish procurement joint venture
  • Companies to deepen their strategic partnership further to leverage synergies
  • Cooperation in e-mobility to advance sustainable powertrains and speed up product development
  • Signed framework agreement for future joint venture aiming at realizing synergies in global procurement
  • Yoshio Shimo: “Hino and TRATON share the same motivation of providing highest value for our customers. Today’s announcement is our important first step.”
  • Andreas Renschler: “Our partnership is taking concrete shape, and we are continuously identifying new opportunities.”

TRATON AG and Hino Motors Ltd. (“Hino”) today announced new details on their strategic partnership. Both partners have agreed on two strategic initiatives: to join forces in e-mobility and the plan to establish a procurement joint venture.

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Julia Kroeber-Riel
Head of Group Communications & Governmental Relations, TRATON AG
Tel. +49 152 58870900
Sebastian Rausch
Financial Media Relations,TRATON AG
Tel. +49 174 9403059