Hexagon Purus to deliver electric drivetrains for Hino trucks
By Julian Buckley13 April 2023
Hexagon Purus, a manufacturer of zero-emissions mobility and infrastructure solutions, has signed an agreement with Hino Motors Sales USA (part of the Toyota Group) to supply complete battery-electric drivetrains for heavy-duty trucks.
Fitted to the Hino XL 4x2 truck chassis, the drivetrain will feature battery systems, auxiliary modules, power modules and vehicle software all supplied by Hexagon Purus.
The expanded agreement replaces one already announced in 2022 covering supply of battery packs from Hexagon Purus for Hino truck platforms.
“This is a strong validation of our technology and the capabilities as a provider of complete zero-emission mobility solutions. With this agreement, we continue to improve the line-of-sight for our 2025 revenue target of [between] four and five billion Norwegian kroner,” said Morten Holum, CEO of Hexagon Purus. NOK 5 billion is equivalent to about $480 million.
The vehicles will be distributed through a series of qualifying Hino dealers in North America. The agreement covers delivery of up to 10,000 units by 2030. Hino will be responsible for aftersales service over the lifetime of the distribution agreement.
The trucks will be compliant with, amongst others, the Advanced Clean Truck regulation in California, which requires all heavy goods vehicle manufacturers and distributors to have an incrementally increasing volume of zero-emissions vehicles from 2024.
“Recent proposals and regulations that address the need for further reductions in emissions in the transportation sector in the US will drive the demand for several zero-emissions classes of commercial vehicles in the many years to come,” said Glenn Ellis, president, Hino Trucks.
With headquarters in Novi, Michigan, Hino Trucks manufactures and sells Class 4 through 8 commercial trucks in the US.
Series production of the battery-electric trucks is expected to start in the second half of 2024. The potential value of the deal could reach $2 billion.