SEA ELECTRIC (Exro Partner) - Largest Truck Order in HistoryAt the begin of 2021 Exro bacame of new shareholder of SEA ELECTRIC by purchasing shares of SEA ELECTRIC in the amount of USD 5 Millions.
October 2020
Australia's SEA ELECTRIC partners with TOYOTA for electric trucks. (HINO)
"TOYOTA is the worldwide biggest car manufacturer by producting more than 9.50 Millions cars in 2020"
Australian electric truck manufacturer SEA ELECTRIC is set partner with TOYOTA to deliver
a new range of zero-emissions trucks, to be branded unter "TOYOTA'S truck subsidiary HINO".
Each company holds at this JV a stake of 50%.
The partnership was announced as part a major launch of " H I N O T R U C K S" /
"Project Z", which sets out the company's pathway to delivering zero emissions commercial trucks in the market.
"HINO" is one of the "WORLD'S LEADING SUPPLIERS OF TRUCKS AND HEAVY TRANSPORT VEHICLES, AND FORMS PART OF THE VEHICLE GIANT TOYOTA'S GROUP OF COMPANIES". The project will see "a new all-electric class 5 truck built on a HINO CHASSIS" and powered by an electric drive system supplied by SEA ELECTRIC, as well as a class 8 tractor trailer powered by "TOYOTA's hydorgen fuel-cell system".
I were not surprised if all of the SEA ELECTRIC "Largest Truck Order in History - more than 1'000 HINO M5 EV's) were already equipped by "Exro's COIL DRIVER" and nowbody holds this already for possible today".......as Exro is now a shareholder of SEA ELECTRIC and gets also a close insight what's going on in this matter. The CHANCE HAS NEVER BEEN BIGGER THAN NOW FOR EXRO to" go in new partnership with TOYOTA" - a better than opportunity doesn't exist!
Under this circomstances the chances/possibilities are huge to win TOYOTA as main VIP client for Exro Technologies "COIL DRIVER" and "BATTERY TECHNOLOGIES" in the near future.