BYD Company Ltd. and Hino Motors Ltd. have signed a strategic business alliance agreement with a focus on collaborating in commercial battery electric vehicle (BEV) development.
The two companies will accelerate the development of commercial BEVs to provide the best-fit product for customers in a timely manner. They will collaborate on the development of BEV products, as well as cooperate in retail and other related business that will promote the adoption of BEVs.
“BYD Commercial Vehicle and Hino Motors has been committed to technology innovation and global promotion of commercial vehicle electrification,” says Wang Jie, vice president of BYD and CEO of the commercial vehicle division.
“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,” he adds.
Photo: Hino Motors landing page