BYD and Hino sign joint venture agreement for commercial BEV development

BYD and Hino signed a joint venture agreement to establish a new company in China for commercial battery electric vehicle development, with each making a 50% capital investment.

“This new venture is scheduled to be established within China in 2021, with BYD and Hino each making a 50% capital investment.”hino-global.com

• 2 sources
• hino-global.comBYD and Hino sign an agreement to establish a joint venture for Commercial Battery Electric Vehicles development | News | HINO MOTORSOct 21, 2020
• en.byd.comBYD and Hino sign an agreement to establish a joint venture for Commercial Battery Electric Vehicles development - Technological Innovations for a Better Life | BYD USAOct 21, 2020

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