Brief: Hexagon Purus In Advanced Talks With Hino Motors For Delivery Of Zero Emission Heavy-Duty Trucks

Hexagon Composites ASA

01/03/2023 15:38

March 1 (Reuters) - Hexagon Composites ASA  HEX.OL :
    * REG-HEXAGON PURUS IN ADVANCED DISCUSSIONS WITH HINO MOTORS FOR DELIVERY OF ZERO EMISSION
HEAVY-DUTY TRUCKS IN THE U.S.
    * IN DISCUSSIONS WITH HINO TRUCKS FOR A LONG-TERM DISTRIBUTION AGREEMENT
    * UNDER AGREEMENT CO TO PRODUCE COMPLETE BATTERY ELECTRIC HEAVY-DUTY TRUCKS FOR U.S. MARKET,
DISTRIBUTED EXCLUSIVELY THROUGH SELECT QUALIFYING DEALERS IN HINO'S NETWORK
    * TOTAL POTENTIAL VALUE OVER COURSE OF AGREEMENT COULD REACH APPROXIMATELY USD 2.0 BLN
(APPROXIMATELY NOK 20 BLN
    * POTENTIAL AGREEMENT FORESEES DELIVERY OF UP TO 10,000 TRUCKS BY 2030

Source text for Eikon:  ID:nGNE2wGYm7 
Further company coverage:  HEX.OL 

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