On September 12, GAC Hino and Zhiyu Weike (Chongqing) Technology Co., Ltd. (referred to as “Zhiyu Weike”) signed a cooperation agreement in Guangzhou. Attendees at the signing ceremony included Mr. Zhang Zhiyong, General Manager of GAC Hino; Mr. Xia Qiang, Party Secretary of GAC Hino; Mr. Zhang Xu, Chairman of Zhiyu Weike; Mr. Dong Zhonglang, Founding Partner of Prosus Hidden Mountain Capital; and other representatives and partners.
Joining Forces to Create a New Blueprint for New Energy Commercial Vehicles
Both parties, focusing on new strengths in the commercial vehicle sector, will fully collaborate on new energy vehicles, electric drive and control systems, intelligent connectivity, and manufacturing. By leveraging each other’s strengths and achieving mutual benefits, they aim to advance supply chain integration, meet user value needs, and achieve leapfrog development in technological innovation, product upgrading, and industry chain integration. Together, they will contribute to the development of the new energy commercial vehicle industry.
Zhiyu Weike: New Driving Force in the New Energy Commercial Vehicle Industry
Zhiyu Weike focuses on scenario-based solutions for new energy intelligent connected commercial vehicles. It is committed to developing excellent technology and forward-looking products. Under the backdrop of commercial vehicle electrification and intelligent connectivity, Zhiyu Weike has received investment and support from leading industry players and renowned institutions, including Prosus Hidden Mountain Capital, Jingwei Hengrun, G7 Yiliu, Tsinghua Hetang Venture Capital, and Western Intelligent Connectivity.
Zhiyu Weike will provide professional support mainly in new energy vehicle product development, as well as related intelligent driving systems and vehicle networking technologies. It will work with GAC Hino to refine value products, enhance product competitiveness, and achieve greater breakthroughs. Taking advantage of the rapid transformation of the commercial vehicle industry, Zhiyu Weike will collaborate with GAC Hino to fully leverage industry chain resources and the new energy ecosystem, offering customers more efficient, green, and intelligent transportation solutions, and contributing to a green, low-carbon economy and setting a benchmark for sustainable industry practices.
GAC Hino: Deepening the Advancement of a New Chapter in Commercial Vehicle Development
Under the strategic deployment of GAC Group, GAC Hino is deepening the transformation and development of new energy commercial vehicles. It actively engages in mixed-ownership enterprise system innovation and reform, with a comprehensive system for new energy commercial vehicle research, manufacturing, and sales. GAC Hino has established a multi-matrix commercial vehicle brand and quickly launched various new energy products, including BEV and FCEV technology routes for 4×2 box trucks, dump trucks, and 6×4 tractors. With the support of GAC Group’s new energy technology, supply chain, and application scenarios, GAC Hino focuses on building a rich and complete ecological cooperation system. Adhering to open cooperation and strong alliances, GAC Hino continually innovates in products, services, and ecological cooperation to achieve significant advancements in new energy commercial vehicles and their intelligent connectivity, fulfilling the vision and mission of “providing the best mobility solutions for society” and creating social value.
Endless Prospects for Commercial Vehicle Scenarios
The electrification of commercial vehicles is continuously evolving. Since 2024, the penetration rate of new energy products in the heavy truck market has accelerated, and the commercial vehicle industry is facing unprecedented development opportunities. As an essential part of modern logistics and transportation, the trend toward electrification and intelligentization of commercial vehicles has become inevitable. The signing of this strategic cooperation agreement represents a new step in the joint exploration and innovation by GAC Hino and Zhiyu Weike in the new energy commercial vehicle field, continuously creating products and services that meet market demands and addressing rapidly changing market needs and competitive dynamics. In the future, both parties will expand cooperation in more areas, injecting new momentum into the innovative development of the commercial vehicle industry.
