U.S. markets open in 4 hours 44 minutes
  • S&P Futures

    4,310.50
    -3.00 (-0.07%)
     
  • Dow Futures

    33,741.00
    -50.00 (-0.15%)
     
  • Nasdaq Futures

    14,722.50
    -16.50 (-0.11%)
     
  • Russell 2000 Futures

    1,789.10
    -3.90 (-0.22%)
     
  • Crude Oil

    93.58
    -0.10 (-0.11%)
     
  • Gold

    1,891.50
    +0.60 (+0.03%)
     
  • Silver

    22.75
    +0.02 (+0.09%)
     
  • EUR/USD

    1.0520
    -0.0056 (-0.53%)
     
  • 10-Yr Bond

    4.6260
    0.0000 (0.00%)
     
  • Vix

    18.45
    +0.23 (+1.26%)
     
  • GBP/USD

    1.2165
    +0.0006 (+0.05%)
     
  • USD/JPY

    149.3960
    +0.3970 (+0.27%)
     
  • Bitcoin USD

    26,406.71
    +169.67 (+0.65%)
     
  • CMC Crypto 200

    567.21
    +4.56 (+0.81%)
     
  • FTSE 100

    7,532.54
    -60.68 (-0.80%)
     
  • Nikkei 225

    31,872.52
    -499.38 (-1.54%)
     

HINO TRUCKS PARTNERS TO DISTRIBUTE BATTERY ELECTRIC HEAVY DUTY TRACTORS

ANAHEIM, Calif., May 2, 2023 /PRNewswire/ -- Hino Trucks has signed a distribution agreement with Hexagon Purus to exclusively distribute a complete battery electric tractor. This tractor will utilize Hexagon Purus' proprietary zero-emission technology, including battery systems, auxiliary modules, power modules and the vehicle-level software and is developed to operate on Hino's XL 4x2 tractor cab chassis.

During the ACT Expo Show, Hino Trucks displayed an early development prototype of this said vehicle. Production of this electric heavy-duty model tractor is projected to begin the last part of 2024, and will be distributed & serviced exclusively through select qualifying dealers within Hino Trucks' U.S. network.

Glenn Ellis, President of Hino Trucks, said, "Earlier this year, we debuted two new electric vehicles - the Hino Class 5 M5e cab over and Class 6 L6e conventional model. Recent regulations address the need for further reductions in emissions for the transportation sector in the U.S., and will ultimately drive future demand for several classes of zero-emissions commercial vehicles. Our exclusive distribution agreement with Hexagon Purus expands Hino Trucks' capability to distribute BEV's in both the medium- and heavy-duty space as we continue to invest in BEV adoption as the landscape continues to evolve."

These new BEV's produced by Hexagon Purus will have the same proven reliability and features that customers expect from Hino Trucks including superior cab visibility and advanced frame strength all through select qualifying dealers within Hino Truck's distribution network including after sales service and warranty. While production specifications are not yet released, targeted applications will see a full day's use on a single charge.

"Hino has been an important zero-emission technology development partner for Hexagon Purus in North America for several years, and as a development partner in Hino's Battery Electric Vehicle program, we are thrilled to continue building on that strong relationship in the years to come", says Todd Sloan, EVP of Hexagon Purus.

About Hino Trucks: Hino Trucks, a Toyota Group Company, manufactures, sells, and services a lineup of Class 4-8 commercial trucks in the United States. Hino Trucks has a product lineup that offers fully connected vehicles with a low total cost of ownership, unmatched reliability, maneuverability, and the most comprehensive bundle of standard features in the market. Hino is developing a full range of electric vehicles to meet growing customer demand. Headquartered in Novi, Michigan, Hino has a nationwide network of over 240 dealers committed to achieving excellence in the ultimate ownership experience. Learn more about Hino Trucks at http://www.hino.com or follow us on Facebook, Linkedin, Twitter, and YouTube.

Cision
Cision

View original content:https://www.prnewswire.com/news-releases/hino-trucks-partners-to-distribute-battery-electric-heavy-duty-tractors-301812701.html

SOURCE Hino Trucks