# Hexagon Purus signs $1B battery pack supply deal with Hino Motors

Hexagon Purus signed a long-term binding letter of intent with Hino Motors Manufacturing U.S. Inc. to supply battery packs for multiple Hino truck platforms, with serial production planned from 2024. The total estimated sales value is USD 1 billion.

- Type: Contract
- Announced: 2022-02-11
- Where: United States
- Value: $1.00B
- Status: announced
- Products: battery packs for zero-emission heavy-duty trucks
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hexagon Purus](https://endata.com/companies/6324.md)
- [Hexagon Purus](https://endata.com/companies/6324.md) (supplier)
- [Hino Motors Manufacturing U.S. Inc.](https://endata.com/companies/60998.md) (customer)
- [Hino Motors Manufacturing US](https://endata.com/companies/61468.md) (customer)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2022/02/11/2383406/0/en/hexagon-purus-signs-agreement-with-hino-motors-to-supply-battery-packs-for-serial-production-of-zero-emission-heavy-duty-vehicles.html), 2022-02-11: "Hexagon Purus will provide battery packs for multiple Hino truck platforms with serial production planned from 2024."
- [chargedevs.com](https://chargedevs.com/newswire/hexagon-purus-and-hino-to-expand-commercial-electric-truck-partnership/), 2022-03-07: "Hexagon estimates the total sales value of the agreement for its duration at $1 billion."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.