Hino

2024 Toyota Land Cruiser Returns to its Origin

Retrieved on: 
Wednesday, August 2, 2023

The 2024 Land Cruiser will be built in Toyota Motor Corporation's Tahara and Hino plants in Japan and arrive in the U.S. in the spring of 2024.

Key Points: 
  • The 2024 Land Cruiser will be built in Toyota Motor Corporation's Tahara and Hino plants in Japan and arrive in the U.S. in the spring of 2024.
  • But then, when the 40 Series arrived, Land Cruiser became the best-selling Toyota in the U.S. for five years running.
  • For the signature Land Cruiser look, the 1958 grade features the iconic round LED headlights and "TOYOTA" heritage grille, while Land Cruiser grades upgrade to slim, rectangular headlights reminiscent of the FJ62.
  • Land Cruiser will be available in three grades: Land Cruiser 1958, Land Cruiser, and the limited run Land Cruiser First Edition.

S&P Global Mobility Commercial Vehicle forecast: MDHD truck market coasts through '24, then accelerates as new emissions standards loom

Retrieved on: 
Thursday, July 6, 2023

SOUTHFIELD, Mich., July 6, 2023 /PRNewswire/ -- Post-pandemic market corrections will flatten North American demand and growth of Class 5-8 commercial vehicles and buses in the near term, according to recent forecasts from S&P Global Mobility. Electrification will drive accelerating growth as next tier of regulations arrives in 2027.

Key Points: 
  • SOUTHFIELD, Mich., July 6, 2023 /PRNewswire/ -- Post-pandemic market corrections will flatten North American demand and growth of Class 5-8 commercial vehicles and buses in the near term, according to recent forecasts from S&P Global Mobility.
  • After a strong first half of 2023, there should be a moderate reduction in medium- and heavy-duty commercial vehicle and bus demand through 2024, according to S&P Global Mobility's Q2 2023 forecast update.
  • However, the updated forecast maintains a more positive outlook for 2025 to 2026, when the truck market gears up for the next level of emissions regulations.
  • "The added cost of those tougher regulations will drive more purchase activity in the middle of the decade," said Antti Lindstrom, principal analyst for commercial vehicle forecasting at S&P Global Mobility.

Malaysia’s Largest Waste Management Provider Selects Allison 3000 SeriesTM to Improve Efficiency of Refuse Vehicles

Retrieved on: 
Wednesday, May 31, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230531005093/en/
    Amirludin Che Ahmad, Operations Manager of Southern Waste Management, welcomes one of the company’s 250 Hino refuse collection vehicles equipped with the Allison 3000 Series™️ automatic transmission.
  • (Photo: Business Wire)
    SWM, which manages approximately 40% of Malaysia’s waste collection and disposal services, is upgrading its fleet with 250 HINO 500 Series refuse trucks equipped with Allison 3000 SeriesTM transmissions.
  • That's why we are excited to introduce our new refuse trucks equipped with Allison 3000 Series transmissions," said Amirludin Che Ahmad, Operations Manager, Southern Waste Management.
  • SWM’s HINO 500 refuse truck pairs the Hino J08E-WK engine and an Allison 3000 Series six-speed fully automatic transmission with Power Take-Off.

Hexagon Purus ASA: Results for the first quarter 2023

Retrieved on: 
Tuesday, May 9, 2023

In the first quarter of 2023, Hexagon Purus (“the Company” or “Purus” or “the Group”) generated NOK 244 million in revenue, up 53% year-over-year from NOK 159 million in the first quarter of 2022.

Key Points: 
  • In the first quarter of 2023, Hexagon Purus (“the Company” or “Purus” or “the Group”) generated NOK 244 million in revenue, up 53% year-over-year from NOK 159 million in the first quarter of 2022.
  • Total assets at the end of the first quarter of 2023 amounted to NOK 3 935 (2 526) million.
  • "It has been an exciting quarter with several large commercial and strategic successes, which are all additive to the future prospects of Hexagon Purus.
  • Hexagon Purus has been successful in securing several long-term agreements recently, which gives the Company confidence in its medium to long-term targets.

Hexagon Purus and Panasonic Energy sign multi-year supply agreement for battery cells in North America

Retrieved on: 
Tuesday, April 18, 2023

(Oslo, Norway, 18 April 2023) Hexagon Purus Systems USA LLC, a subsidiary of Hexagon Purus ASA (“Hexagon Purus”), a world leading manufacturer of zero emission mobility and infrastructure solutions, has signed a multi-year agreement for the supply of lithium-ion battery cells with Panasonic Energy Co., Ltd. (“Panasonic”), a global provider of innovative battery technology-based products and solutions.

Key Points: 
  • (Oslo, Norway, 18 April 2023) Hexagon Purus Systems USA LLC, a subsidiary of Hexagon Purus ASA (“Hexagon Purus”), a world leading manufacturer of zero emission mobility and infrastructure solutions, has signed a multi-year agreement for the supply of lithium-ion battery cells with Panasonic Energy Co., Ltd. (“Panasonic”), a global provider of innovative battery technology-based products and solutions.
  • Panasonic will supply battery cells for Hexagon Purus’ proprietary battery systems, marking yet another important milestone for Hexagon Purus’ zero-emission heavy-duty offering in North America with battery system production initially slated for Kelowna, Canada.
  • As part of the supply agreement, Hexagon Purus will prepay approximately USD 43 million (approximately NOK 450 million) through 2025, subject to the achievement of certain milestones.
  • “We are thrilled to announce this landmark agreement with Panasonic which further solidifies our leading battery system and vehicle integration offering in North America”, says Todd Sloan, EVP of Hexagon Purus.

Hexagon Purus signs landmark long-term agreement with Hino Trucks for zero emission heavy-duty trucks in the U.S.

Retrieved on: 
Wednesday, March 15, 2023

The potential total value over the course of this agreement could reach approximately USD 2.0 billion (approximately NOK 20 billion).

Key Points: 
  • The potential total value over the course of this agreement could reach approximately USD 2.0 billion (approximately NOK 20 billion).
  • This expanded agreement replaces the already announced (11 February 2022) cooperation between Hexagon Purus and Hino to supply battery packs for multiple Hino truck platforms planned for serial production from 2024.
  • With this agreement, we continue to improve the line-of-sight for our 2025 revenue target of NOK 4-5 billion”, says Morten Holum, CEO of Hexagon Purus.
  • “We are happy to get the exclusive right to distribute Hexagon Purus’ zero emission trucks through select qualifying dealers in our network of dealerships across the U.S”, says Glenn Ellis, President, Hino Trucks – A Toyota Group Company.

SEA Electric selected to power Hino Trucks’ M and L Series

Retrieved on: 
Tuesday, March 14, 2023

This latest announcement paves the way for SEA Electric’s proprietary SEA-Drive® power-system to be fitted to both the Hino Trucks’ M and L Series.

Key Points: 
  • This latest announcement paves the way for SEA Electric’s proprietary SEA-Drive® power-system to be fitted to both the Hino Trucks’ M and L Series.
  • SEA Electric’s SEA-Drive® 120a power-system was part of Project Z, Hino Trucks’ first advancement into zero-emission vehicles in the medium-duty space.
  • “We are pleased to add SEA Electric’s SEA-Drive® power-system to our M and L series product offering.
  • As our industry introduces electric options, Hino Trucks can now offer an option for all the markets affected by ACT mandate," said Glenn Ellis, President of Hino Trucks.

Hexagon Purus in advanced discussions with Hino Motors for delivery of zero emission heavy-duty trucks in the U.S.

Retrieved on: 
Wednesday, March 1, 2023

(Oslo, Norway, 1 March 2023) Hexagon Purus (“the Company”), a world leading manufacturer of zero emission mobility and infrastructure solutions, is in advanced discussions with Hino Trucks for a long-term distribution agreement under which Hexagon Purus expects to produce complete battery electric heavy-duty trucks for the U.S. market, distributed exclusively through select qualifying dealers in Hino’s network.

Key Points: 
  • (Oslo, Norway, 1 March 2023) Hexagon Purus (“the Company”), a world leading manufacturer of zero emission mobility and infrastructure solutions, is in advanced discussions with Hino Trucks for a long-term distribution agreement under which Hexagon Purus expects to produce complete battery electric heavy-duty trucks for the U.S. market, distributed exclusively through select qualifying dealers in Hino’s network.
  • The vehicles are expected to be based on Hino’s XL 4x2 tractor chassis and upfitted with Hexagon Purus’ proprietary zero-emission technology, including battery systems, auxiliary modules, power modules and vehicle-level software.
  • The potential agreement foresees the delivery of up to 10,000 trucks by 2030, and the total potential value over the course of the agreement could reach approximately USD 2.0 billion (approximately NOK 20 billion).
  • Serial production of the electric heavy-duty trucks would be expected to commence during the last part of 2024, and this expanded agreement would replace the already announced (on 11 February 2022) cooperation between Hexagon Purus and Hino to supply battery packs for multiple Hino truck platforms planned for serial production from 2024.

Hexagon Purus opens new hydrogen cylinder manufacturing facility in Westminster, Maryland, USA

Retrieved on: 
Monday, January 30, 2023

Hexagon Purus, with its purpose to help drive energy transformation through zero emission energy storage solutions, announces the opening of its new manufacturing facility for hydrogen Type 4 composite cylinders in Westminster, MD.

Key Points: 
  • Hexagon Purus, with its purpose to help drive energy transformation through zero emission energy storage solutions, announces the opening of its new manufacturing facility for hydrogen Type 4 composite cylinders in Westminster, MD.
  • The new facility expands cylinder production capabilities and capacity and allows for further expansion by adding additional production equipment as demand for hydrogen storage cylinders continues to grow.
  • This site will serve a dual role, not only as a top-of-the-line production site but also a technical center of excellence, providing engineering, research, and development for Hexagon Purus Group,” says Dr. Michael Kleschinski, EVP at Hexagon Purus.
  • As part of the Group’s overall capacity expansion program, Hexagon Purus is relocating its current operation in Taneytown, MD where it has been based since 2003.

Dorman Announces 300 New Products for August, Including Many Aftermarket-Exclusive Automotive Repair Solutions

Retrieved on: 
Thursday, August 11, 2022

COLMAR, Pa., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing today the release of 300 new auto parts, a third of which are aftermarket-exclusives.

Key Points: 
  • COLMAR, Pa., Aug. 11, 2022 (GLOBE NEWSWIRE) -- Dorman Products, Inc. (NASDAQ:DORM) is announcing today the release of 300 new auto parts, a third of which are aftermarket-exclusives.
  • This months featured new products include four Dorman OE FIX parts, adding to a growing line of almost 2,000 OE FIX repair solutions designed to help save time, save money, or increase reliability.
  • When the factory module fails on certain GM vehicles, the dealerships replacement part may require expensive calibration and programming.
  • To learn more about Dorman, take the Dorman Virtual Tour at DormanProducts.com/tour .