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Japan’s Toyota, Isuzu, Hino join in truck technology tie up

TOKYO — Japanese automakers Toyota, Isuzu, and Hino said Wednesday they are setting up a partnership in commercial vehicles to work together in electric, hydrogen, connected, and autonomous driving technologies.

Toyota President Akio Toyoda said in a news conference that streamed online. “And so we just have to give it a try, and then try again. It is through that process of repetition Toyota has achieved what it has.” The three companies plan to develop electric vehicles, fuel cell vehicles, autonomous driving, and electronic platforms for trucks, allowing them to cut costs, promote ecological infrastructure, and boost traffic safety.

“Companies must take up innovation if we hope to build a better society,” said Isuzu President Masanori Katayama. Apart from their mutual stake holdings, Isuzu, Hino, and Toyota are jointly setting up a company called Commercial Japan Partnership Technologies Corp. in Tokyo to promote their partnership and plan technology and services, the company presidents said, appearing together at an online news conference.

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