Title: Daimler Truck, Mitsubishi Fuso, Hino, Toyota Provide Progress Update on Collaboration Agreement for New Energy Technology Development and Strengthening Commercial Vehicle Business on February 29 – Report on Progress Based on Basic Agreement Signed in May 2023, Including Integration of Mitsubishi Fuso and Hino.

On February 29th, Daimler Truck, Mitsubishi Fuso, Hino, and Toyota provided an update on their collaboration based on a basic agreement aimed at developing new energy technologies and strengthening their commercial vehicle businesses. The progress report was based on a basic agreement signed in May 2023, which outlined plans for the integration of Mitsubishi Fuso and Hino, among other initiatives.