Archion replaces Hino, Fuso at CJPT

GlobalData

Mon, June 22, 2026 astatine 4:07 AM CDT 1 min read

Archion Corporation, the caller holding institution for Japanese commercialized conveyance manufacturers Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Hino Motors, announced that it volition articulation the Commercial Japan Partnership Technologies Corporation (CJPT) successful spot of MFTBC and Hino.

The merger was completed astatine the opening of April 2026, aft it was cleared by Japan's Fair Trade Commission, with Archion owning 100% of the shares successful some MFTBC and Hino and being listed connected the Tokyo Stock Exchange. Their erstwhile genitor companies, Daimler Truck AG and Toyota Motor Corporation, each ain 25% of the equity successful the caller holding company, with the remaining 50% of the shares being publically traded.

Archion pointed retired that CJPT was established with the purpose of "addressing logistics challenges done collaboration among like-minded companies," including logistics operators, infrastructure providers, and section governments. It aims to beforehand initiatives successful areas specified arsenic electrification and logistics ratio for commercialized vehicles.

Its purpose is to accelerate the societal implementation of CASE (Connected, Autonomous, Shared services, and Electric/zero emission) technologies "to assistance lick proscription challenges and lend to the realization of a carbon-neutral society."

"Archion replaces Hino, Fuso astatine CJPT" was primitively created and published by Just Auto, a GlobalData owned brand.