BYD's ties with Toyota are now even stronger, as Hino hammered a deal with BYD.
BYD and Hino Motors (a subsidiary of Toyota), announced a strategic business alliance agreement with a focus on Commercial Battery Electric Vehicles development.
It seems a natural step for Hino, as Toyota recently started a similar partnership in the area of all-electric cars development.
By the way, Hino and Toyota jointly develop a heavy-duty hydrogen fuel cell truck.
There are no details about the first projects, but according to the press release, BYD and Hino intends to accelerate the development of all-electric commercial vehicles. They will not only collaborate on "development of BEV products", but also "cooperate in retail and other related business that will promote the adoption of BEV".
