On October 21, BYD Automobile Industry Co., Ltd. (BYD) and Hino Automatic Vehicle Co., Ltd. (Hino) signed a joint venture agreement to establish a new company to develop pure electric commercial vehicles (BEVS). It is reported that the new joint venture is planned to be established in China in 2021. BYD and Hino group will each contribute 50% to jointly develop pure electric commercial vehicles and electric vehicle parts, and are committed to meeting the demands of customers (mainly in the Asian market). < / P > < p > in the future, the chairman of the new joint venture will be selected from Hino and the CEO will be selected from BYD. In addition, the number of employees and the proportion of employees in each company are still under consideration. Founded in 1942, Hino is committed to providing high-quality truck and bus products and developing together with customers and society. In 1991, Hino launched the first heavy-duty urban bus, which is also the world’s first hybrid commercial vehicle. In the past 30 years, the company has continuously promoted the technological innovation of electric vehicles, and successively launched light electric buses and medium-sized plug-in hybrid electric buses. Hino’s heavy trucks are equipped with the latest 6th generation hybrid system, which takes into account the convenience of diesel trucks and improves fuel efficiency by about 15% (compared with ordinary diesel trucks, data from Hino internal research). IPhone 12 whole family barrel model exposed: it’s a tribute to iPhone 4