Hino and MFTBC's Archion to generate JPY 110 billion in integration benefits by FY2032 On May 15, Archion Corporation, the merged company of Hino Motors, Ltd. (Hino) and Mitsubishi Fuso Truck and Bus Corporation (MFTBC), announced its medium-term business plan, revealing its aim to achieve integration benefits of JPY 110 billion by fiscal year 2032 (ending March 31, 2033). The company plans to have 85% of its global sales consist of vehicles buil...

News  Updated at: 2026/05/18

Hino and MFTBC's Archion plans for first-year revenue of JPY 2.425 trillion Archion Corporation, the holding company that owns Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Hino Motors, Ltd. (Hino), announced on May 14 its financial forecast for the fiscal year ending March 2027, its first year in business, projecting revenue of JPY 2.425 trillion and operating profit of JPY 110 billion. Archion was listed on the Tokyo Stock Exchange Prim...

News  Updated at: 2026/05/15

EU Commission approves Foxconn and Mitsubishi Fuso Bus joint venture in bus segment On May 11, the European Commission approved a joint venture between Hon Hai Precision Industry Co., Ltd. (Foxconn) in Taiwan and Mitsubishi Fuso Truck and Bus Corporation (MFTBC) in Japan. MFTBC is a wholly owned subsidiary of Archion Corporation, a holding company newly established in April 2026, following a business integration with Hino Motors. Daimler Truck an...

News  Updated at: 2026/05/12

Archion, new holding company between Hino and MFTBC announces listing, completes transfer of Hamura plant to Toyota On April 1, 2026, Archion Corporation, a holding company established through the business integration of Hino Motors, Ltd. and Mitsubishi Fuso Truck and Bus Corporation (MFTBC), announced that it had been listed on the Tokyo Stock Exchange Prime Market. Trading of Archion’s shares commenced on the same day.  According to business...

News  Updated at: 2026/04/01

ARCHION, holding company between Hino and MFTBC, aims for ROS of 10% or higher ARCHION Corporation (ARCHION), which will be listed on the stock exchange on April 1 after making Hino Motors, Ltd. (Hino) and Mitsubishi Fuso Truck and Bus Corporation (MFTBC) 100% subsidiaries, has set a long-term management target of a return on sales (ROS) of 10% or higher. ARCHION has outlined a growth strategy aimed at significantly increasing profitability by gr...

News  Updated at: 2026/03/30

Mitsubishi Fuso sets up Fuso Tech Centre India as global engineering hub On March 12, 2026, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) announced that it had established Fuso Tech Centre India Private Limited (FTCI) in Kanchipuram, Tamil Nadu in India, as its global hub for a wide range of product engineering and operational functions, with operations starting March 9, 2026. The 2,847 sq. m facility includes collaborative workspaces, a desi...

News  Updated at: 2026/03/12

Approval of listing of ARCHION, holding company between Hino and MFTBC, on Prime Market of Tokyo Stock Exchange On March 2, Hino Motors, Ltd. (Hino) announced that the Tokyo Stock Exchange had approved the listing of ARCHION Corporation, a holding company established through the business integration of Hino and Mitsubishi Fuso Truck and Bus Corporation (MFTBC), on the Prime Market of the Stock Exchange effective April 1. It was also revealed that...

News  Updated at: 2026/03/03

Japan Fair Trade Commission approves business integration of Hino and MFTBC On February 26, the Japan Fair Trade Commission (JFTC) announced that it had approved the business integration of Hino Motors, Ltd. (Hino) and Mitsubishi Fuso Truck and Bus Corporation (MFTBC) by Toyota Motor Corporation (Toyota) and Daimler Truck AG (Daimler Truck). The holding company ARCHION, which will be launched in April 2026, will make Hino and MFTBC wholly-owned s...

News  Updated at: 2026/02/27

Mitsubishi Fuso and Foxconn announce plans to establish new bus company in Japan On January 22, 2026, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Hon Hai Technology Group (“Foxconn”) announced plans to establish a standalone bus company in Japan. The two companies previously signed memorandum of understanding to explore strategic collaboration in zero emission bus. New company will be established in H2 of 2026. The buses will be dev...

News  Updated at: 2026/01/22

MFTBC and REE Automotive to jointly develop and evaluate X-By-Wire and SDV technologies On November 18, Mitsubishi Fuso Truck and Bus (MFTBC) announced that the company has signed a memorandum of understanding (MoU) with REE Automotive to jointly develop and verify X-By-Wire (XBW) and Software Defined Vehicle (SDV) technologies for MFTBC’s commercial vehicles. MFTBC and REE Automotive have launched a joint initiative to explore and validate the...

News  Updated at: 2025/11/18

JMS 2025: Mitsubishi Fuso to exhibit at Japan Mobility Show 2025 On September 30, Mitsubishi Fuso Truck and Bus Corporation (hereafter “Mitsubishi Fuso”) announced that it will participate at the Japan Mobility Show 2025 (hereinafter JMS 2025, at Tokyo Big Sight from October 30 to November 9, 2025). At JMS 2025, MFTBC will present its booth themed “FUTURE TOGETHER: A new era of trucks begins – run together with FUSO,” showcasing its vis...

News  Updated at: 2025/09/30

Mitsubishi Fuso and Foxconn to jointly develop ZEV buses, introduce MODEL T and MODEL U in Japan On August 22, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Hon Hai Technology Group (“Foxconn”) have signed a memorandum of understanding to explore strategic collaboration in zero emission buses. As part of the collaboration to strengthen the FUSO bus business, the two companies via their subsidiaries – Mitsubishi Fuso Bus Manufacturin...

News  Updated at: 2025/08/22

Mitsubishi Fuso and Iwatani to develop liquid hydrogen refueling technology On May 21, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) announced that it signed a Memorandum of Understanding (MoU) with Iwatani Corporation to develop hydrogen refueling technology for hydrogen-fueled commercial vehicles. Both companies are studying the use of subcooled liquid hydrogen (sLH2) refueling technology. Traditionally, hydrogen has been stored on-board th...

News  Updated at: 2025/05/21

Mitsubishi Fuso Rosa microbus receives update meeting new fuel efficiency standards in Japan On May 19, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) announced an update on Rosa microbus, which meets the 2025 heavy duty vehicle fuel efficiency standards in Japan. Dealership will start receiving the updated model starting from May. Updated Rosa will be available in short body, long body, and super long body on 2WD model, while 4WD model will h...

News  Updated at: 2025/05/19

Ample partners with Japanese OEMs on battery swapping stations in Tokyo On March 19, San Francisco, California-based Ample announced it will deploy a network of swapping stations in Tokyo, Japan, supported by the Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Mitsubishi Motors Corporation (MMC), with an initial focus on supporting commercial fleets in the logistics sector.  With each station able to support over 100 vehicles, the program,...

News  Updated at: 2025/03/21

MFTBC repurposes eCanter batteries for energy storage systems with EV chargers On January 28, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) announced that it will conduct a demonstration of its Battery 2nd Life initiative starting from February 2025. Under this initiative, the company plans to repurpose used batteries from its electric light-duty eCanter trucks to build energy storage systems. MFTBC will jointly conduct the demonstration with...

News  Updated at: 2025/01/28

CES 2025: Mitsubishi Fuso and Nikon to exhibit co-created in-vehicle camera system On December 19, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) and Nikon announced that the co-created in-vehicle camera system for trucks and buses will be exhibited at CES 2025. The camera features an optical lens system with both telephoto and wide-angle lens functions and image recognition by AI, enabling users to see far away and also check their periphery ...

News  Updated at: 2024/12/20

Mitsubishi Fuso to build pilot facility for recovering materials from EV batteries On September 9, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) announced that it will build a test facility for recovering materials from used electric vehicle (EV) batteries at its Kawasaki Plant, in partnership with True 2 Materials Pte. Ltd (T2M), Singapore. Starting in 2025, the companies will use the pilot plant to evaluate the reusability of anode, cathode...

News  Updated at: 2024/09/10

New Mitsubishi group company to start operating in October to assist with EV introduction and use EVNION Inc., a joint venture established by Mitsubishi Corporation (MC), Mitsubishi Fuso Truck and Bus Corporation (MFTBC), and Mitsubishi Motors Corporation (Mitsubishi Motors), announced on September 4, 2024, that it will start operating “EVNION PLACE” on October 1, 2024. EVNION PLACE is an online platform that offers comprehensive electric veh...

News  Updated at: 2024/09/05

MFTBC begins EV truck battery swapping demonstration on public roads with Yamato Transport and Ample On August 9, Mitsubishi Fuso Truck and Bus Corporation (MFTBC) announced that it will start an EV truck battery-swapping demonstration on public roads in Kyoto, Japan from August 2024. MFTBC’s electric light-duty “eCanter” truck equipped with Ample’s swappable battery modules are being used for the demonstration. eCanter’s batteries will...

News  Updated at: 2024/08/13