Tokyo, Japan, March 24, 2021--Isuzu Motors Limited, (Isuzu), Hino Motors, Ltd. (Hino), and Toyota Motor Corporation (Toyota) announced today that they have agreed on a new partnership in commercial vehicles. The three companies intend to combine Toyota's CASE technologies with the commercial vehicle foundations cultivated by Isuzu and Hino. Through this collaboration, they aim to accelerate societal implementation and dissemination of CASE technologies and services and to help address various difficulties facing the transportation industry as well as help achieve a carbon-neutral society.
Hino Motors and REE Automotive Sign Business Alliance Agreement Aiming to create new value through next-generation commercial mobility
Hino Motors Co., Ltd. (Hino), a subsidiary of Toyota Motor Corporation, and REE Automotive Ltd. (REE), an innovator in e-mobility, today announced the signing of a strategic business alliance agreement to realize their shared vision of "providing new value to society through next-generation commercial mobility."
In 2017, aiming to contribute to a sustainable environment and inspired by its mission "to make the world a better place to live by helping people and goods get to where they need to go," Hino Motors, Ltd. (hereinafter, "Hino") established the Hino Environmental Challenge 2050 and announced its goal to reduce its environmental impact to "zero."