The acquisition, through its US subsidiary Komatsu America Corporation, will allow the Japanese company to develop and produce a full range of battery-powered vehicles and machinery in-house, starting with mining vehicles for the North and South American markets.

The agreement between Toyota and Komatsu is to further enhance safety in mineral extraction operations. Komatsu has so far deployed 650 heavy duty mining trucks with its Autonomous Haulage System ()at 22 mining sites in five different countries,