Commercial Japan Partnership Technologies Corporation (CJPT) has introduced immediately its determination to expel Hino Motors, Ltd. (Hino) in light of Hino’s misconduct regarding certification testing.
Since its institution in April 2021, CJPT has been working in the sector with its companions to speed up the unfold of CASE, thereby aiming to contribute in attaining a carbon impartial society and lowering the burden on drivers and staff. Akio Toyoda, President of Toyota Motor Corporation (Toyota), prompt that the misconduct dedicated by Hino is incompatible with CJPT’s aspirations and objectives and that the continued inclusion of Hino in actions won’t achieve the understanding of its clients and the general public. With this suggestion considered, the choice was made after dialogue inside CJPT.
Specifically, Hino shall be excluded from all agreements, together with the joint planning settlement, and Hino’s fairness stake (10%) in CJPT shall be transferred to Toyota. In the initiatives that CJPT is at the moment engaged on, such because the beforehand introduced social implementation in Fukushima and Tokyo, Hino will play a minimal position to not trigger inconvenience to CJPT’s clients.
