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Apr 03, 2024

Isuzu Motors Limited has released its new Mid-Term business plan, “ISUZU Transformation - Growth to 2030 (IX)”, with the aim of transforming itself into a commercial mobility solutions company by 2030. The company will drive future growth by developing new businesses starting from three areas: (1) Autonomous driving solutions, (2) Connected services, and (3) Carbon neutral (CN) solutions. By promoting these new areas of growth, while strengthening current businesses, the Group is targeting net sales of JPY 6 trillion and an operating income ratio of 10% or more by FY2031.

(1) Autonomous driving solutions,
From FY2027, Isuzu Group plans to launch a new Level 4 autonomous driving truck and bus business.

(2) Connected services
In Japan, Isuzu Group will provide services to improve operational efficiency for transport companies and shippers, and create new services by linking cross-industry data with a commercial vehicle information platform.

(3) Carbon neutral solutions
By collaborating with various partners, Isuzu Group will promote CN through multi-pathway.

By further strengthening its core business, Isuzu Group aims to achieve new vehicle sales of more than 850,000 units, valued at over JPY 5 trillion in FY2031.

In Japan, the United States, and ASEAN, which Isuzu Group has identified as priority regions, the Group will continue to invest in the entire supply chain, especially in terms of increasing production capability. Furthermore, in India and Africa—strategic regions with future growth potential—the Group will make efforts to further penetrate the brand and expand its presence.

In Japan, the Group will also invest JPY 205 billion in enhancing sales and service functions that support new vehicle sales and existing fleet operators. Through these efforts, the Group aims to strengthen current businesses.

Utilizing its experience in BEV business development, the Group will launch light-duty BEVs in the United States. With this as a starting point, the Group will make active investments in the country to strengthen its development and purchasing functions and increase production capacity. 

Isuzu Group is developing its global-standard for human capital management rooted in the ideals of ISUZU ID.

See Isuzu release on April 3

Mar 20, 2024

Announced on March 19, 2024, Isuzu Motor expressed the company's readiness to support the Thai government’s intention to achieve the carbon neutrality goal by 2050, and net-zero carbon emissions by 2065, as well as the goal of turning Thailand into an EV manufacturing hub, through Isuzu’s “Multi-pathways to Carbon Neutrality”.

The commercial vehicle company aims to develop vehicles with various power sources, not only BEVs and FCEVs but also those run on Carbon Neutral Fuel, Hydrotreated Vegetable Oil (HVO), and e-Fuel.

At the press conference in Thailand, Isuzu also showcased 4 models, including Isuzu D-Max EV Concept, Isuzu D-Max Hi-Lander 4-door MHEV, Isuzu Elf EV, and Isuzu Elf FCEV.

(From Tri Petch Isuzu Sales Thailand press release on March 19, 2024)

Mar 20, 2024

Announced on March 19, 2024, Isuzu Motors will unveil its first BEV, the Isuzu D-Max EV Concept one-ton electric pickup truck, to the public at the 45th Bangkok International Motor Show, which will run from March 27 to April 7 in Thailand.

The D-Max EV has been developed to meet a broad-range of commercial and passenger vehicle needs, featuring a full-time 4WD system with newly developed e-Axles in front and rear offers excellent performance on rough roads and a linear acceleration feel characteristic of BEVs.

The prototype model on display will come equipped with a full-time 4WD system, a 66.9-kWh battery, a front motor (40 kW) and a rear motor (90 kw), delivering a total output of 130 kW and 325 Nm torque. The maximum speed is at over 130 km/h, while the maximum payload of 1,000 kg and maximum towing capacity of 3.5 tons are claimed.

Launching in select mainland Europe markets such as Norway in 2025, D-Max EV will be launched in the UK, Australia, Thailand, and other countries based on market needs and the maturity of EV charging infrastructure.

(From Isuzu Motors press release on March 19, 2024)