Hyster-Yale Group and Capacity Trucks have signed a memorandum of understanding to co-develop electric and hydrogen-powered terminal tractors with automation-ready capabilities.
“Partnering with Capacity enables us to leverage our investment in electrification and automation solutions to better serve our customers as a more comprehensive resource,” said David Leblanc, Vice President, Strategy, Planning and Business Development, Hyster-Yale Group.
Combined expertise
The collaboration leverages each company’s product expertise in the global material handling solutions market, bringing together Capacity’s robust terminal truck platform and Hyster-Yale Group’s vast experience in lift truck electric powertrain technology and hydrogen fuel cell technology.
“We are working closely with our customers to achieve their zero-emissions goals and responding to their needs with the most robust electric and hydrogen fuel cell solutions through this strategic partnership with Hyster-Yale,” said Ryan Rockafellow, Vice President and General Manager, Capacity Trucks.
The agreement includes exclusive manufacturing and supply provisions, with units branded separately as either Capacity or Hyster – one of Hyster-Yale Group’s industry-leading forklift truck brands with an established presence in port, rail terminal and distribution centre environments.
Initial prototypes are targeted to be available in 2021 for market testing.
In addition to co-developing products, the partnership is also designed to capitalise on the companies’ combined sales, distribution and service capabilities through their existing dealer networks and corporate sales teams.