- Joint venture agreement for e-mobility products signed
- Hino and TRATON drive sustainable transport based on the strategic partnership started in 2018
- Hino President & CEO Shimo: “We will combine our strength as leading commercial vehicle manufacturers to provide the highest value to customers through joint planning of commercial EVs.”
- TRATON CEO Gründler: “This new joint venture with our strong partner Hino is the next important step in electrification, pushing our mission further ahead.”
TRATON and Hino start E-Mobility Joint Venture
TRATON SE (TRATON) and Hino Motors, Ltd. (Hino) have signed a joint venture agreement for e-mobility in order to plan and provide e-mobility products that will be based on the two companies’ strategic partnership to offer customers the highest value. TRATON and Hino will combine their unique strengths to consequently develop electric vehicles including battery electric vehicles (BEV), fuel cell vehicles (FCV), and relevant components as well as creating common EV platforms including software and interfaces. They will form a team of advanced specialists from both companies and launch activities in Södertälje (Sweden) and in a second step in Tokyo (Japan). TRATON and Hino will team up to shorten lead times for future e-mobility products with battery and fuel cell technology. The two companies are convinced that both technologies will be needed in the future.