Truck-maker looks to strengthen its operations ahead of the merger with Hino.

Unconfirmed reports suggest a separate distribution partnership could be established.

Over 150 delivery vehicles to be deployed in Tokyo from September.

New automated facility will help reduce logistics costs.

According to details shared at the press conference, the new Tokyo-based holding company will see Daimler Truck and Toyota each holding a 25% stake, with Hino and Fuso operating as wholly-owned subsidiaries.

The plan is to list a joint holding company in 2026.

End-of-life batteries used to build charging network.

The two partners will focus primarily on hydrogen fuel cell research

The ultimate purpose of the project is to help address Japan’s increasing shortage of long-distance truck drivers.

MFTBC vehicles are imported into Singapore by Goldbell Engineering Pte Ltd, its local distributor for the last 40 years.

The Malaysian government mandated that all diesel fuels for commercial vehicles comply with Euro V specifications as of April 1, 2021.

The facility is to be built next to the company’s main truck manufacturing plant in Kawasaki in partnership with Singapore-based True 2 Materials Pte Ltd (T2M).