Isuzu, Volvo to tie up for next-generation truck technology: Yomiuri [Reuters (UK)]
ISUZU MOTORS UNSP/ADR (ISUZY)
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Source: Reuters
Isuzu, Volvo to tie up for next-generation truck technology: Yomiuri - Reuters 2 Min Read TOKYO (Reuters) - Japanese truck maker Isuzu Motors plans to tie up with Sweden’s Volvo AB to develop next-generation technologies including electrification and autonomous driving, Japan’s Yomiuri newspaper reported on Wednesday. Isuzu said President Masanori Katayama will hold a news conference at 0600 GMT in Tokyo on an “alliance”, but did not elaborate. The Japanese maker of mid-sized trucks specializes in diesel technology, but has also pledged to develop electric vehicles in the coming years. Vehicle makers are facing a major shift in the global auto industry, where the rise of electric vehicles, self-driving cars and on-demand services are forcing companies to invest heavily in new technologies. This has prompted a number of vehicle makers to tap rival for partnerships and mergers. A collaboration between Isuzu and Volvo’s unit in Japan, UD Trucks, in production is likely to be considered i
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