Toyota Motor Corporation Isuzu and Daihatsu join CJP project (9120F)
21 Julio 2021 - 2:00AM
UK Regulatory
TIDMTYT
RNS Number : 9120F
Toyota Motor Corporation
21 July 2021
Suzuki Motor Corporation
Daihatsu Motor Co., Ltd.
Toyota Motor Corporation
Suzuki and Daihatsu Join Commercial Japan Partnership for
Dissemination of CASE Technologies in Mini-commercial Vehicles
Tokyo, Japan, July 21, 2021-Suzuki Motor Corporation (Suzuki)
and Daihatsu Motor Co., Ltd. (Daihatsu) announced that they joined
the Commercial Japan Partnership (CJP) commercial vehicle project
today to accelerate their carbon neutrality initiatives in
minivehicles through the dissemination of CASE technologies and
services. As part of their participation in the project, Suzuki and
Daihatsu are to each acquire 10 percent of issued shares of
Commercial Japan Partnership Technologies, the joint venture for
the CJP initiative, from Toyota Motor Corporation (Toyota).
Minivehicles, in which Suzuki and Daihatsu excel, account for
about 31 million of the approximately 78 million vehicles owned in
Japan and serve as an essential lifeline in the daily lives of
people, especially in rural areas. Also, mini-commercial vehicles
cover areas that are accessible to them because of their size and
support last-mile logistics. Although minivehicles can play
important roles in the realization of a carbon-neutral society and
the spread of CASE technologies and services, in this era of
profound transformation, there are many issues that minivehicle
manufacturers are unable to solve on their own.
CJP was launched in April this year to accelerate societal
implementation and dissemination of CASE technologies and services
by combining the commercial business foundations cultivated by
Isuzu Motors Limited (Isuzu) and Hino Motors Limited (Hino) with
the CASE technologies of Toyota while helping address various
challenges facing the transportation industry as well as contribute
to the achievement of a carbon-neutral society .
Expanding CJP to include minivehicles with the participation of
Suzuki and Daihatsu will enable the promotion of improved
integrated logistics efficiency spanning from large trucks to
mini-commercial vehicles. This new collaboration also aims to
disseminate affordable advanced safety technologies and
electrification for minivehicles via the leveraging of Suzuki and
Daihatsu's strength of high-quality, low-cost manufacturing and
Toyota's CASE technologies.
Main Aims of CJP Collaboration
1) Improving logistics efficiency by building a
connected-technology infrastructure that links the main arteries of
logistics (truck logistics) with the capillaries of logistics
(mini-commercial vehicles)
2) Expanding from commercial vehicles to minivehicles the use of
advanced safety technologies that contribute to safety and
security
3) Cooperating on the use of technologies for the
electrification of affordable, high-quality minivehicles that can
be sustainably disseminated
To fulfill the automotive industry's mission of "improving
people's lives" and "leaving a better Japan and a better planet for
the next generation", the companies participating in CJP intend to
continue to deepen areas of collaboration and openly consider
coordination with other like-minded partners.
Outline of Commercial Japan Partnership Technologies (at the end
of July 2021)
Name Commercial Japan Partnership Technologies Corporation
Location 1-4-18 Koraku, Bunkyo-ku, Tokyo
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Capitalization 10 million yen (Capital structure: Toyota 60 percent,
Isuzu 10 percent, Hino 10 percent, Suzuki 10 percent,
Daihatsu 10 percent
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Representative Hiroki Nakajima, president
director (President of Toyota Motor Corporation's in-house
CV Company)
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Start of operations April 1, 2021
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Principal line Planning CASE technologies and services for commercial
of business vehicles
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END
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