foton

By offering battery leasing separately from the vehicle purchase, the joint venture seeks to lower the upfront cost of Foton’s electric trucks. Since batteries typically represent a significant portion of an electric vehicle’s total cost, this approach is expected to make Foton's battery electric ve...

Building on the success of their joint venture setup to deliver the TraXon automatic transmission and electric drives in China, ZF and Foton have now agreed for the joint venture to introduce ZF’s new hybrid transmission for commercial vehicles to the Chinese market. Under the agreement, ZF will fur...

The newly-announced MoU is part of Iveco Group’s overarching electrification strategy to extend its light commercial vehicle line-up to the GVW category that falls below the iconic DAILY range of GVW 3.5 - 7.2 tons.