All about Mitsubishi Fuso

On March 27, Daimler Truck’s RIZON brand announced that the first batch of its all-electric trucks is now on the streets of America following deliveries of 20 units to customers in California, with more units scheduled to be handed over throughout March of 2024.

RIZON is Daimler Truck’s ninth, and newest, brand and represents its dedication to zero-emission transportation. The brand and its trucks were announced for the first time during the Advanced Clean Transportation (ACT) Expo in May of 2023, in Anaheim, California.

The class 4 and 5 medium-duty battery-electric vehicles, ranging from 15,995 up to 17,995 lbs. in gross vehicle weight (GVW), can run from 75 -110 miles (for M size variant with 2 battery packs) to 110 -160 miles (L size variant with 3 battery packs) on a single charge.RIZON trucks are capable of being charged by two types of battery charging systems: DC Fast Charging (via CCS1 connector), and less expensive Level 2 AC Charging (via J1772 connector).  

(RIZON Trucks on March 27, 2024)

On March 14, 2024, PT. Krama Yudha Tiga Berlian Motors (KTB) announced that Mitsubishi Fuso has continued to lead the commercial vehicle segment in Indonesia for 53 years, as its retail sales reached 33,283 units in 2023 (down 13.3% from 2022).

In 2023, commercial vehicle market in Indonesia experienced quite volatile dynamics and a decline in demand of up to 9% compared to 2022, with a market volume of 84,957 units. Despite challenging market conditions, Mitsubishi Fuso achieved a market share of 39.2%. Its biggest contributor to sales came from Canter in the light duty truck (LDT) class with 29,062 units. Meanwhile, in the medium duty truck (MDT) class, the Fighter X sold 4,179 units.

In 2024, Mitsubishi Fuso's market share is expected to grow to 41% with sales reaching 34,850 units. Furthermore, in July 2024, Mitsubishi Fuso will officially launch the eCanter electric truck in Indonesia. The initial stage of sales will be carried out in the Jakarta metropolitan area, with the main target being the logistics business sector. 

(From KTB Fuso Indonesia press release on March 14, 2024 and Gaikindo's 2023 data)

On March 13, Mitsubishi Corporation, Mitsubishi Fuso Truck and Bus, and Mitsubishi Motors announced that they aim to jointly establish a new company "EVNION Inc." in June 2024 , to operate an online platform to provide one-stop services relating to electric vehicles (EV).

The investment ratio of the three companies is 35% for Mitsubishi Corporation, 35% for Mitsubishi Fuso, and 30% for Mitsubishi Motors (As of the announcement).

The three companies decided to establish EVNION with the aim of easily providing relevant information and services to more users, as EVs gain increasing attention from vehicle buyers.

EVNION will operate a unique online platform "EVNION PLACE" that offers comprehensive EV-related services to customers in Japan, regardless of brand and whether it is a commercial vehicle or a passenger car. The platform is planned to be launched in August 2024.

The platform's "Marketplace" services range from charging equipment for EVs, power supply contracts and energy management, to charging solutions for supporting introduction and operation of EVs and consulting services for decarbonization. Additionally, the platform will also provide EV-related news and useful information when introducing and operating EVs. This platform will assist customers transitioning from conventional vehicles to EVs.

(Based on press releases of Mitsubishi Corporation, Mitsubishi Fuso Truck and Bus, and Mitsubishi Motors on Mar. 13 2024)