Shizen Energy (Fukuoka City) and B-ON, a Luxembourg company that develops commercial electric vehicles (commercial electric vehicles), have teamed up with eMotion Fleet (Shinjuku-ku, Tokyo), a joint venture company that is force to introduce electric vehicles into commercial vehicles in Japan and Asia. ) and agreed to begin comprehensive discussions with the premise of joint investment. It was announced on October 26.
Commercial electric vehicles developed by B-ON
(Source: B-ON)
eMotion Fleet was founded in 2023 by President Hideji Shiraki and Vice President Dennis Ilitch of B-ON's Japanese subsidiary. In addition to the vehicles provided by B-ON, the company aims to provide one-stop service to maximize customer value throughout the entire process of supplying multi-brand commercial electric vehicles, installing commercial electric vehicles commercial and charging infrastructure as well as electric vehicle operations.
Since the current shareholders of eMotion Fleet are employees of the Japanese group B-ON and do not have direct capital from B-ON, there is currently discussion about a joint investment between B-ON and Shizen Energy. Furthermore, Shizen Energy and eMotion Fleet have agreed to cooperate on a project promoting the electrification of commercial vehicles and decarbonization of the transportation industry in Japan and Asia, and have begun joint projects in Japan.
B-ON and Shizen Energy will become strategic partners of eMotion Fleet and B-ON will provide services focused on electric vehicles and fleet management that are being introduced by domestic and foreign companies. Shizen Energy will contribute to the conversion of EV energy sources to renewable energy through the development of power plants using renewable energy, providing fossil-free certificates and providing energy management services. eMotion Fleet combines the strengths of both companies to provide tailor-made electric vehicle services in the Japanese and Asian markets.
About 800,000 commercial electric vehicles are now sold annually worldwide, with Europe and China leading the way. In Japan too, the government has set a target that electric vehicles will account for 20% to 30% of new commercial vehicle sales by 2030 and about 50,000 light commercial electric vehicles will be sold in Japan by 2025 and 120,000 units by 2030. Expected to be sold. eMotion Fleet aims to capture industry-leading market share.
