Hino Motors

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.

TRATON AG and Hino Motors Ltd announced two strategic initiatives: cooperation in e-mobility and a plan to establish a procurement joint venture. The partnership builds on an agreement signed in April 2018.

Jacobs Vehicle Systems signed a long-term supply agreement with Hino Motors, Ltd. lasting through 2025, continuing their relationship since the early 1990s for engine braking systems.

Hino Motors will build a truck assembly plant in Khimki, Moscow region, with an investment of about 1.89 billion yen (10 billion RUB). Production of medium trucks is expected to start in mid-2019 and small trucks in mid-2020, with annual capacity of about 2,000 units and 50 new jobs.

Hino Motors launched the expansion of a 110,000 square feet production line at its Marion, Arkansas facility to manufacture rear axles and front knuckle assemblies for Toyota Tacoma trucks. The project involved $280 million investment and over 300 new hires since 2013.