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October 22, 2020

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BYD, Hino team up

China’s BYD Auto Industry Co yesterday signed an agreement with Japanese carmaker Hino Motors to establish a joint venture for commercial battery electric vehicles development.

The new company is scheduled to be established in China in 2021, with BYD and Hino each investing 50 percent. The joint venture plans to launch vehicles under the Hino brand by 2025.


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