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RNS - Hexagon Purus signs new supply agreement with Hino Trucks and is set to explore options for the BVI segment

Company: Hexagon Purus ASA Date: 2025-06-16 Language: English Register to download

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 Hexagon Purus signs new supply agreement with Hino Trucks and is set to explore options for the BVI segment

# Hexagon Purus signs new supply agreement with Hino Trucks and is set to explore options for the BVI segment

(Oslo, Norway, 16 June 2025) Hexagon Purus (the "Company"), a world leading  

manufacturer of zero-emission mobility and infrastructure solutions, has signed  

a long-term agreement with Hino Trucks ("Hino") for production and supply of  

Class 6 & 7 battery electric straight trucks for the U.S. market. The truck is  

intended to carry the Hino brand and be made available for general sale through  

Hino's extensive network of authorized dealers from 2026. An initial series of  

prototype vehicles will be produced and delivered in Q4 2025.  

  

The vehicles will be based on Hino's chassis and upfitted with Hexagon Purus'  

proprietary zero-emission technology, including battery systems, auxiliary  

modules, and power modules. The class 6 & 7 straight truck will be using the  

same base technology and components as the Tern RC8 tractor, enabling strong  

synergies in terms of utilizing existing investments in product development and  

production capacity.  

  

"We are very happy to expand our current relationship with Hino to also produce  

and deliver this new class 6 & 7 straight truck for the US market", says Todd  

Sloan, EVP, Battery Systems and Vehicle Integration at Hexagon Purus. "This  

product will serve back-to-base operations in urban areas with high frequency of  

stop-and-go activity over shorter distances, making it an ideal battery-electric  

alternative for fleet operators. This product targets an attractive trucking  

segment and will complement Tern's existing city- and regional RC8 tractor".  

  

As communicated in the Company's fourth quarter 2024 report, Hexagon Purus  

initiated a review of its overall business portfolio to secure the Company's  

cash runway to EBITDA and cash break even. To enable the Battery Systems and  

Vehicle Integration (BVI) division to fully leverage its growth potential  

following the supply agreement with Hino, the Company is initiating a structured  

process to generate and evaluate alternatives for this division. This could  

include, but is not limited to, inviting one or more partners into the BVI  

division or finding other structural solutions.  

  

Hexagon Purus has engaged ABG Sundal Collier ASA as financial advisor and  

Advokatfirmaet Schjødt AS as legal advisor.  

  

For more information  

  

Mathias Meidell, Investor Relations Director, Hexagon Purus  

Telephone: +47?909 82 242 | mathias.meidell@hexagonpurus.com  

(mailto:mathias.meidell@hexagonpurus.com)  

  

Salman Alam, CFO, Hexagon Purus  

Telephone: +47?476 12 713 | salman.alam@hexagonpurus.com  

(mailto:salman.alam@hexagonpurus.com)  

  

About Hino  

  

Hino Trucks manufactures, sells, and services a lineup of Class 4-8 commercial  

trucks in the United States. Hino Trucks is the premier heavy and medium duty  

nameplate in the United States with a product lineup that offers fully connected  

vehicles with low total cost of ownership, unmatched reliability and  

maneuverability and the most comprehensive bundle of standard features in the  

market. Headquartered in Novi, Michigan, Hino has a network of over 240 dealers  

nationwide committed to achieving excellence in the ultimate ownership  

experience.  

  

Learn more about Hino Trucks at http://www.hino.com or follow us on Facebook,  

LinkedIn, Twitter and YouTube.  

  

About Hexagon Purus  

  

Hexagon Purus enables zero emission mobility for a cleaner energy future. The  

company is a world leading provider of hydrogen Type 4 high-pressure cylinders  

and systems, battery systems and vehicle integration solutions for fuel cell  

electric and battery electric vehicles. Hexagon Purus' products are used in a  

variety of applications including light, medium and heavy-duty vehicles, buses,  

ground storage, distribution, refueling, maritime, rail and aerospace.  

  

Learn more at www.hexagonpurus.com (http://www.hexagonpurus.com) and follow  

Hexagon Purus on X and LinkedIn  

  

This information is subject to the disclosure requirements pursuant to Section  

5-12 the Norwegian Securities Trading Act. This information is considered to be  

inside information pursuant to the EU Market Abuse Regulation. This stock  

exchange announcement was published by Mathias Meidell, IR Director, Hexagon  

Purus ASA, on 16 June 2025 at 14:31 CET.

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