Panasonic to Supply Batteries for Groundbreaking Heavy-Duty Truck by Hexagon Purus & Hino Trucks

Source: www.gulfoilandgas.com 5/20/2024, Location: North America

Panasonic Energy Co., Ltd., a Panasonic Group Company, today announced its lithium-ion batteries will power the new groundbreaking Tern, a dedicated zeroemission truck brand along with their inaugural vehicle model, the RC8, a groundbreaking battery electric Class 8 tractor tailored for the U.S. market. Tern is supplied by Hexagon Purus ASA (“Hexagon Purus”; Oslo, Norway), a world leading manufacturer of zero emission mobility, and Hino Trucks (Novi, Michigan, U.S.) This is the first time Panasonic Energy’s batteries are being used in a commercial vehicle. The new truck will be unveiled at the forthcoming Advanced Clean Transportation (ACT) Expo in Las Vegas.

Panasonic Energy Co., Ltd., a Panasonic Group Company, today announced its lithium-ion batteries will power the new groundbreaking Tern, a dedicated zeroemission truck brand along with their inaugural vehicle model, the RC8, a groundbreaking battery electric Class 8 tractor tailored for the U.S. market. Tern is supplied by Hexagon Purus ASA (“Hexagon Purus”; Oslo, Norway), a world leading manufacturer of zero emission mobility, and Hino Trucks (Novi, Michigan, U.S.) This is the first time Panasonic Energy’s batteries are being used in a commercial vehicle. The new truck will be unveiled at the forthcoming Advanced Clean Transportation (ACT) Expo in Las Vegas.

“Commercial and heavy-duty transportation represents critical infrastructure for the U.S. economy, and the rapid growth of the commercial EV industry underscores the need for innovative solutions in this sector. Providing batteries for Tern and Hexagon Purus is an important step in helping us to drive the growth of the lithium-ion battery industry and accelerating the transition to zero-emission mobility,” said Kazuo Tadanobu, CEO, Panasonic Energy.

Heavy duty fleet operators have a pressing need for more innovative platforms to add ZEV capacity to their fleets. Under the Advanced Clean Truck (ACT) standard, introduced by the California Air Resources Board (CARB), 5% of all new class 7 and 8 trucks sold in 2024 in California must be zeroemission vehicles (ZEV) while new additions to fleets of class 7 and 8 trucks operating to and from intermodal seaports and railyards are required to be ZEV from 2024. The ACT standard also requires 100 percent of truck manufacturers’ sales in 2040 to come from ZEVs, and has been adopted by seven other states in the U.S. (Oregon, Washington, Massachusetts, Vermont, New York, New Jersey, Colorado) Massachusetts, New Jersey, and New York) with Maryland and North Carolina in the process of adopting the rule. In addition, according to a study published by market research firm P&S Intelligence, the U.S. electric truck market is expected to reach USD 15,143 million by 2030, with a CAGR of 54% from 2023. Heavy-duty trucks are expected to be the fastest-growing category.

“Panasonic has been a pioneer in making zero-emission mobility available to the mass market, and this, coupled with their reliability and focus on continuous innovation, makes them the ideal partner for Hexagon Purus,” said Morten Holum, CEO, Hexagon Purus. “As the need for zero-emission heavy duty trucking grows, our partnership with Panasonic for the production of Tern strengthens our leading battery system and vehicle integration offering in North America.”

Panasonic Energy is a global leader in lithium-ion batteries, with a nearly 100-year history of innovation in batteries spanning both battery cell technology and battery business operations. The company continues to strengthen its lineup of automotive lithium-ion batteries and expand its production capacity, currently developing the new "4680" high-capacity lithium-ion battery in Japan. Panasonic Energy's facility in Sparks, Nevada, is now one of the world's largest lithium-ion battery factories, surpassing nine billion EV battery cells shipped.

The expansion in Kansas builds on its proven success as the North American market leader in EV lithium-ion batteries and long-term commitment to advancing the EV industry in the United States. The factory is also a demonstration of the Panasonic Group’s Green IMPACT initiative, which is aimed at reducing the company’s CO2 emission to virtually net-zero by 2030 and contributing to 300 million tons in avoided emissions by 2050.


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