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HINO TRUCKS and TOYOTA JOINTLY DEVELOP CLASS 8 FUEL CELL ELECTRIC TRUCK FOR NORTH AMERICA

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Hydrogen-Powered Truck Will Offer Heavy-Duty Capability and Clean Emissions

NOVI, MI – With the rapidly expanding interest in heavy-duty electric trucks, Hino Trucks and Toyota
Motor North America (TMNA) have agreed to jointly develop a Class 8 fuel cell electric truck (FCET)
for the North American market.

The companies will leverage the newly developed Hino XL Series chassis with Toyota’s proven fuel
cell technology to deliver exceptional capability without harmful emissions. This collaboration
expands upon the existing effort to develop a 25-ton FCET for the Japanese market which was
announced earlier this year.

“A fuel cell powered version of the Hino XL Series is a win-win for both customers and the
community. It will be quiet, smooth and powerful while emitting nothing but water,” said Tak Yokoo,
Senior Executive Engineer, Toyota Research and Development. “Toyota’s twenty plus years of fuel
cell technology combined with Hino’s heavy-duty truck experience will create an innovative and
capable product.”

“Expanding upon our proud heritage of the Hino powertrain, Toyota Fuel Cell Technology offers our
customers a commercially viable, extended range, zero emissions vehicle in the near term,” said
Glenn Ellis, Hino’s Senior Vice President – Customer Experience. “Hino shares a common focus with
Toyota when it comes to durability, reliability, and innovation with the customer at the center of
design which makes this collaboration a game changer.”

About Hino Trucks:
Hino Trucks, a Toyota Group Company, manufactures, sells, and services a lineup of Class 4-8
commercial trucks in the United States. Hino Trucks is the premier heavy & medium duty nameplate
in the United States with a product lineup that offers fully connected vehicles with low total cost of
ownership, superior fuel economy, 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 Toyota: Toyota (NYSE:TM) has been a part of the cultural fabric in the U.S. and North
America for more than 60 years, and is committed to advancing sustainable, next-generation mobility
through our Toyota and Lexus brands. During that time, Toyota has created a tremendous value
chain as our teams have contributed to world-class design, engineering, and assembly of more than
40 million cars and trucks in North America, where we have 14 manufacturing plants, 15 including
our joint venture in Alabama (10 in the U.S.), and directly employ more than 47,000 people (over
36,000 in the U.S.). Our 1,800 North American dealerships (nearly 1,500 in the U.S.) sold nearly 2.8
million cars and trucks (nearly 2.4 million in the
U.S.) in 2019.

Through the Start Your Impossible campaign, Toyota highlights the way it partners with community,
civic, academic and governmental organizations to address our society’s most pressing mobility
challenges. We believe that when people are free to move, anything is possible. For more
information about Toyota, visit www.toyotanewsroom.com.

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