Daimler Trucks Asia

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Daimler Trucks Asia Based in Asia, we are part of Daimler In India, we established the BharatBenz Trucks, the global leader in commercial brand in 2012, and have grown to double- vehicles. We are comprised of two OEMs, digit market share on the subcontinent Mitsubishi Fuso Truck and Bus Corporation since then. For our growth markets (MFTBC) and Daimler India Commercial in Asia, Africa and Latin America, we Vehicles (DICV). Together, they give us a exploit our strategic position in India rich 85-history to draw from as well as a to offer our robust FUSO trucks built in young, innovative drive. The FUSO and Oragadam to markets worldwide. BharatBenz brands stand for industry-leading technology and unrivaled quality for our As Daimler Trucks Asia, we will continue to Hartmut Schick customers in over 170 markets worldwide. tap the full potential of our global team to President and CEO consolidate our technological lead in the Our people, hailing from over 45 countries, commercial vehicles industry and ensure the form the core of our identity and success. highest levels of quality for our customers. DTA is a truly global organization that believes in the power of the team to achieve great Yours sincerely, things. This is why our strategy is named DTA One: As one team, we will tap our full Hartmut Schick potential and achieve our goals together.

At MFTBC in Japan, we set the benchmark in efficiency, safety and comfort for the industry with our trucks and buses. We also firmly believe that the future is green, and are putting environmentally friendly vehicles at the core of our product portfolio. As an enthusiastic step toward a green future, we have launched the world’s first series-produced all-electric light-duty truck, the eCanter, and also launched E-FUSO, a product brand dedicated exclusively to our electric portfolio.

Having served in the Japanese Ministry We are not only the frontrunner in the of Economy, Trade and Industry (METI) electrification of trucks that will help cities for many years, I am convinced that to lower greenhouse gas emissions and Japanese companies have to open up not noise levels. We also strive to operate in a only to international markets, but also to a sustainable way. Our Indian plant sources globalization of their workforce in order to 70% of its power needs from renewable remain competitive in the global marketplace. energies. For that matter we have installed solar panels both in our Indian and Japanese Daimler Trucks Asia is a great example plants. We use rainwater harvesting and how a respected and traditional Japanese follow a zero-discharge policy for waste- Kazuo Matsunaga company — Mitsubishi Fuso Truck and Bus water and materials, to lower our impact Chairman of the Board, Corporation — can progress and flourish on the ecosystems. And our employees Mitsubishi Fuso Truck & Bus Corp. by teaming up with an international benefit from modern work policies such partner — Daimler India Commercial Vehicles, as flex-time and options for teleworking. to become a truly global organization, overcoming national and cultural boundaries. No company, no product and no person will ever be perfect, but it makes me I am always amazed to see how the proud to see how everybody at Daimler transcultural setting of our workplace Trucks Asia is motivated and committed encourages talented and motivated to become better every day. people from different walks of life and with diverse cultural backgrounds to Thank you for your curiosity and work together and, as one, generate new interest in our organization and I ideas, concepts and products. These welcome you to explore further. unique synergies make us stand out and allow us to innovate best solutions for Yours faithfully, the ever-evolving demands worldwide. Kazuo Matsunaga People form the heart of a company, and companies are important pillars of society. Hence, we acknowledge our role as corporate citizens. Especially so, as trucks and buses form an indispensable backbone of communities worldwide by delivering goods and transporting people. Our aim is to not only grow and be profitable, but to do so in a sustainable way that supports our environment economically, socially and ecologically. 02 DAIMLER TRUCKS ASIA ABOUT US 03

Two Companies One Commercial Vehicle Portfolio

Daimler Trucks Asia (DTA) combines the infrastructure of MFTBC in Kitsuregawa, Japan, strengths of two distinct legal entities Mitsubishi and the proven engineering capabilities of DICV in Fuso Truck and Bus Corporation (MFTBC) and Chennai, India. It further translates to coordinated Daimler India Commercial Vehicles (DICV). procurement and supplier management functions, greater cost efficiencies, access to high quality This unit allows the entities to collaborate on supplies and widened export business by tapping areas such as product development, production, the combined sales potential of the two entities. exports, sourcing and optimizing research and sales & market development activities to provide The benefit of working as a unified strategic the best of value products to our customers. organization is not only restricted to the technical aspects of our business but also reflected in the MFTBC, with more than 80 years of history and sense of diversity among our people. A deeper DICV, with its fresh and innovative outlook, have cultural integration, in the form of exchange been integral parts of Daimler Trucks, jointly avenues for talents to encourage co-learning contributing to more than a third of its sales and increasing collaborations, allows our volumes. DTA, deriving its strengths from both employees to gather intercultural experiences. the entities, is the answer to the significantly growing demand for trucks and the different In 2016, the DTA as a group sold around 144,000 needs of customers around the world. units, serving more than 160 markets and employing a workforce of 15,000 people. DTA has an integrated product portfolio with the traditional FUSO product line for Japan and Both MFTBC (89.29%) and DICV (100%) are an international markets, the all-new range of FUSO integral part of Daimler AG, one of the world’s most trucks for growth markets and the highly competitive successful automotive companies. With its divisions BharatBenz range for the Indian market, together for Mercedes-Benz passenger cars and vans, offering unparalleled value to our customers around Daimler trucks and buses, and financial services, the world. The Asian production network for DTA the Daimler Group is a leading global vehicle is a robust one, consisting of two major hubs in manufacturer and the world’s biggest manufacturer Kawasaki, Japan and Oragadam, Chennai, India. of commercial vehicles with a global reach.

The combined approach allows DTA to jointly leverage India, the fully-fledged testing

Mitsubishi Fuso Truck and Bus Corporation (MFTBC) Daimler India Commercial Vehicles (DICV) Company Name: Established: Head of Unit: Production: Trucks, buses Mitsubishi Fuso Truck and January 6, 2003 Erich Nesselhauf, and engines under three Bus Corporation Business Details: Managing Director & CEO brands—BharatBenz, FUSO Main Office: Commercial vehicles, Employees: and Mercedes-Benz. 1-1-2, Kashimada, R&D, design, manufacture, More than 3,000 Production Capacity: Saiwai-ku, Kawasaki-shi, sales, import and export Domestic Network: Trucks: up to 72,000*/year Kanagawa, 212-0058 Japan of trucks, buses and *depending on shift model More than 130 sales & # Chairman of the Board: industrial engines and service touch points Buses: 1,500 /year other related businesses. #scalable to 4,000/year Kazuo Matsunaga Exports Markets: President and CEO: Employees: 10,000 More than 30 markets in Hartmut Schick Major Shareholders: Asia, Middle-East, Africa, Capital: 35 billion yen Daimler AG (89.29%); Latin America Mitsubishi group companies (10.71%) 04 DAIMLER TRUCKS ASIA

E-FUSO — Technology and Innovation FUSO — a brand of Daimler Trucks Asia — is the frontrunner in electric trucks. Back in 2010 the brand introduced a prototype of the all- electric Canter E-Cell. In 2017 Fuso became the first global OEM to start series production of an all-electric truck. STRATEGY 05

World Premiere. The eCanter. of 100 kilometers and a load Portugal and Germany with the Daimler Trucks Asia celebrated capacity up to three and a half pre-series vehicles between 2014 the global launch of the FUSO tons — depending on body and and 2017. In May of 2017, MFTBC eCanter in New York City. The usage. The vehicle’s electric announced its first commercial FUSO eCanter is the world’s powertrain contains six high customer for the new in-line first series-produced all- voltage lithium ion battery packs series production vehicle in the electric light-duty truck, being with 420 V and 13.8 kWh each. In Japanese market. Seven-Eleven delivered to customers in comparison with a conventional Co., Ltd. will be operating 25 the US, Europe and Japan. diesel truck, it offers savings units of the eCanter in their fleet. up to 1,000 Euro per 10,000 DTA is committed developing Zero-Emission, Zero-Noise kilometers on operating costs. and embracing sustainable and The all-electric light-duty truck is reliable transportation solutions DTA’s answer to the public’s need Result of Intensive Research to benefit society and the planet. for a zero-emission, zero-noise and Customer Testing The eCanter is only the beginning. truck for continuously increasing This global launch of the new inner-city distribution. In addition FUSO eCanter is not just a to being an environmentally product launch — it’s a revolution friendly vehicle, it is cost- years in the making: At the 2010 efficient and economical for IAA Commercial Vehicle Show users, as already proven within in Hannover, Germany, FUSO customer tests in Europe. The presented a first prototype of FUSO eCanter has a range an electrically-powered Canter E-Cell, leading into a pre-series production for testing purposes in 2014. The FUSO eCanter benefits from extensive experience of customer trials conducted in 06 DAIMLER TRUCKS ASIA

Our employees — Think global. Work local. Highly motivated and efficient employees are at the heart of our success. Enthusiasm, esteem, integrity and discipline: Be it professionally or privately, our workforce embodies these values in so many ways. They thus shape the unique face of the company. STRATEGY 07

At the foundation of our success you will find a unique culture cutting-edge connectivity around the world, and gain as a leading provider of Global of openness, collaboration and solutions and digitized products, opportunities to move, not Transportation Solutions, you discovery. A work environment we are constantly challenging only within your office to new will find a diverse workforce of which is diverse, performance the norm and redefining the positions, and departments, but over 15,000 employees across based, and strives to bring a Commercial Vehicle Industry. also beyond borders to grow your Japan, India, the USA, Australia, positive work-life balance. career and expand your horizons. South Africa, and other strategic At DTA you will find people Opportunities You will find great diversity in our locations, working together from over 45 countries working Japan, India and Beyond offices in Kawasaki and Chennai. as MFTBC (Japan) and DICV together bringing different Within DTA your opportunities DTA offers employees the (India), under the umbrella of viewpoints, approaches are limitless. Working here offers ability to gain cross-cultural job Daimler Trucks Asia (DTA). We and answers to the table. you exciting potential to grow exposure to experience working in are excited about the direction This diversity challenges professionally and personally. other countries, which we believe we are leading the Commercial our instincts, broadens our You are given many projects to also supports career growth. Vehicle Industry from pioneering views and solutions, and tackle gaining experience and This brings us closer together innovation of electrification, helps fuel our growth. exposure to new and exciting and expands our knowledge and connectivity and digitalization; work within DTA. It’s up to you competencies in our markets to the way in which we embrace Innovation how far you want to take your around the globe providing us work-life balance, and support Taking the lead career. DTA enables employees with better work solutions for diverse career opportunities. Electrification, Connectivity, to rise to the next level within our products, customers and Autonomous driving, a relatively short period of people. Opportunities abound. Work Culture Digitalization. These aren’t just time for a large organization. Open, Collaborative, Diverse buzz words at DTA. These are At the core of DTA are products, some of the areas of innovation DTA is a truly global organization. processes and, of course, our in which we are working today You will work with people from people. As a DTA employee, which sets us apart from our competition. From being the first OEM to launch the world’s first electric truck series, to building 08 DAIMLER TRUCKS ASIA

Our brands Customer-focused. Trusted worldwide.

Our strong vehicle brands are gathered under the umbrella of Daimler Trucks Asia (DTA). Through our products, we offer our customers tailored solutions and pioneering technologies. OUR BRANDS 09

FUSO customers. To ensure our vehicles kind, both in Japan and within The Mitsubishi Fuso brand keep delivering profits, FUSO Daimler Trucks worldwide. We is trusted for its quality, has adopted the Commercial maintain the quality of FUSO economic efficiency, solid Vehicle Development System products through R&D based and functional design, and (CVDS). Clearly defined quality on the strictest standards. Our committed after-sales services. gates, from project launch to efforts pay off: FUSO products FUSO is the leading Japanese start of production, guarantee consistently rank first in residual brand across many markets, product maturity and quality. values and often live a second life known for its track record R&D expertise from around after being exported from their of technological innovations the world is shared and best original country of purchase. and high levels of customer practices implemented to ensure satisfaction based on the lowest our customers are benefiting Launched in 2013, the new FUSO total cost of ownership. from the most advanced range includes the FA, FI, FJ, designs and materials. FO and FZ products, developed Mitsubishi Fuso products offer specifically for emerging markets ultimate reliability and durability, The Truck Operating System around the world. Manufactured which translates into increased (TOS) — another global Daimler in the Oragadam Plant in payload and uptime for our program — allows manufacturing Chennai, India, these trucks methods to be adopted from are a blend of Daimler Trucks’ the best plants in the world. It technology, Japanese engineering serves as a benchmark to ensure quality and Indian creativity. the highest performance and continuous improvement to meet our objectives in terms of safety, quality, cost, delivery, environmental impact and employee morale. FUSO plants consistently rank as some of the leanest in global benchmarks.

Our Kitsuregawa Proving Ground is the largest of its 10 DAIMLER TRUCKS ASIA

E-FUSO sends out a strong signal to With its head-up display and As the frontrunner in electric countries and cities that, as modern connectivity and trucks, FUSO has taken the next a global CV manufacturer, communication features, logical step in creating a product Daimler Trucks Asia is serious it’s a bold preview of our brand dedicated to electric about contributing to global future products. trucks and buses: E-FUSO. and national efforts to reduce greenhouse gas emissions. Finally, the Vision One is the E-FUSO is the first global OEM first vehicle badged with the brand exclusively dedicated E-FUSO Vision One newly-created E-FUSO brand. to electric trucks and buses. The E-FUSO Vision One is a This makes FUSO the first While the first truck to carry concept vehicle that offers a commercial vehicle brand to the E-FUSO badge is the new glimpse into our vision for the introduce a sub-brand exclusively E-FUSO Vision One all-electric next stage of electric trucks. for electric trucks and buses. HDT, the next generation of the FUSO eCanter — planned for A heavy-duty rigid truck with launch in 2019 — will also come a gross vehicle weight of under the E-FUSO brand. 23 tons, it carries a payload of 11 tons. The E-FUSO E-FUSO is a clear commitment Vision One allows a range of by FUSO to the goal of making 350 km on a single charge, its complete range electric, as depending on application technology and reach permit. It and driving conditions.

Its striking and futuristic design offers a glimpse into what lies ahead at FUSO, while the spacious and minimalist interior shows what the driver’s workplace will look like. OUR BRANDS 11

BharatBenz promise: to Transform the in the country’s recent BharatBenz symbolizes the Indian Commercial Vehicle transition to the new BS-IV harmonious confluence of Industry. Today, the BharatBenz emissions standard. The whole the values, ideologies and range of trucks ranging from BharatBenz portfolio had spirit of India with the lineage 9–49 tonnes have redefined already been available with of invention, innovation and how trucks are used in India. BS-IV from August 2015. engineering excellence that have led to generations of • High-powered engines When the full transition to BS-IV global leadership by Daimler. and high fuel efficiency vehicles became reality on now come together April 1, 2017, BharatBenz already BharatBenz aims to be an • Deliveries are faster had delivered more than 1,000 integral part of India’s economic and always on time vehicles with this new standard to advancement by providing • Customer service is customers. The BS-IV solution is commercial mobility solutions proactive and world-class based on proven SCR technology, that accelerate the progress • Customer profitability which has been used in of business in India. is maximized Mercedes-Benz trucks for several years and is constantly evolving. In 2012, BharatBenz embarked With the new range of modern on its journey with one ambitious 9-tonne buses, BharatBenz is now determined to make buses the preferred mode of transportation for school, staff and tourist transport. The travel experience for Indian travellers and the way bus operators work are both set to be transformed through new levels of comfort, reliability and — most importantly — safety.

BharatBenz also leads India’s commercial vehicle segment 12 DAIMLER TRUCKS ASIA PRODUCTS 13

FUSO Product Lineup

Heavy-Duty Trucks Medium-Duty Trucks Light-Duty Trucks Large Coach Buses Industrial Engines GVW: 20 tons GVW: 8–20 tons GVW: 3.5–8 tons

Super Great Fighter Canter Aero Queen 4M50-TLE3BA

Super Great (Tractor) Fighter (Dump) Canter Eco Hybrid Aero Ace 6M60-TLE3BA

FJ FA/FI Canter EX 6M70-TLE3A

Large City Route Buses

FO Canter Guts Aero Star

Vans E-FUSO

FZ Canter Van (Van) eCanter

Small Buses

Canter Van (Micro Bus) Rosa E-FUSO Vision Truck

Prototype 14 DAIMLER TRUCKS ASIA PRODUCTS 15

BharatBenz Product Lineup

Haulage — Medium-Duty Trucks Construction Range

Gross vehicle weight rating: 9.6 – 13 t Gross vehicle weight rating: 13 – 25 t Vehicle use: A broad range of products for logistics applications Vehicle use: Construction industry Engines: 4-cylinder in-line engines Engines: 4-cylinder in-line engines, 6-cylinder in-line engines Output: 100 kW Output: 125 kW, 175 kW Chassis: 4×2 Chassis: 4×2, 6×4

Haulage — Heavy-Duty Trucks Mining Trucks

Gross vehicle weight rating: 16 – 37 t Gross vehicle weight rating: 25 – 31 t Vehicle use: A broad range of products for logistics applications Vehicle use: Mining Operations Engines: 4-cylinder in-line engines, 6-cylinder in-line engines Engine: 6-cylinder in-line engines Output: 125 kW, 175 kW Output: 210 kW Chassis: 4×2, 6×2, 8×2, 10×2 Chassis: 6×4, 8×4

Tractors

Gross combination weight rating: 40 – 49 t Vehicle use: Industrial freight, heavy-duty transportation, special use transportation *Daimler Buses complete Engines: 6-cylinder in-line engines vehicles and bus chassis made Output: 175 kW, 210 kW, 295 kW by Daimler India Commercial Vehicles not shown here. Chassis: 4×2, 6×4 16 DAIMLER TRUCKS ASIA

Daimler Headuarters

MFTE*1 MFTA MFTBC Headuarters

Overseas Business Operations We rely on the customer orientation and local market knowledge of distributors in our global sales network, and aim to produce locally wherever possible to provide the most competitive DICV price and the most efficient delivery process. Our production network, including those for knocked-down (KD) products, includes 7 manufacturing sites on three continents.

l Distributor | l Distributor affiliated with Daimler | s Overseas production bases | H Consolidated subsidiaries *1 Consolidated subsidiary in Europe (Portugal) also includes a production facility. | As of March, 2016

Production and R&D Facilities

l1 l2 l3 l4 l5 Headquarters Kawasaki Plant / Nakatsu Plant Kitsuregawa Proving Ground Mitsubishi Fuso Bus Kawasaki City, Kanagawa Research & Development Aiko-gun, Kanagawa Sakura City, Tochigi Manufacturing Co., Ltd. and Purchasing Center Toyama City, Toyama The headquarters of Located one hour west The FUSO proving ground Kawasaki City, Kanagawa Mitsubishi Fuso Truck & of Tokyo, the Nakatsu two hours north of Tokyo is Located in the north of Bus Corporation is located The Kawasaki plant is plant specializes in the one of the largest commercial Japan, MFBM is one of in the Shin-Kawasaki the largest FUSO truck manufacturing and assembly vehicle testing facilities in the largest bus plants in Mitsui Building, within plant,manufacturing light, of FUSO transmissions and the world. With specialized Japan, manufacturing the walking distance from medium and heavy duty powertrain components. A equipment, procedures entire FUSO bus range. the Kawasaki plant. trucks for Japan and export highly automated, state of the and staff for truck and Specializing in high degree markets. It also includes the art manufacturing process bus testing, Kitsuregawa of customization to meet R&D center and the global ensures the reliability has been safeguarding specific customer demands, Hybrid center, as well as and durability of FUSO the concept maturity and MFBM produces buses operational functions such powertrains. Production product quality of all FUSO for Japan and the world. as procurement, logistics cycles are synchronized with vehicles since 1980. and production planning. the nearby Kawasaki plant. LOCATIONS 17

Daimler Headuarters

MFTE*1 MFTA MFTBC Headuarters

DICV

lA lB Daimler India Commercial Mitsubishi Fuso Truck Vehicles Pvt. Ltd. Europe Sociedade Europeia India de Automoveis, S.A. Portugal The state-of-the-art plant near Chennai, opened in Acting as the main production 2012, is also home to DICV’s hub for markets in and around headquarters and R&D Europe, the FUSO plant in operations, and features a Tramagal shortens lead times highly modern test track. and increases flexibility. It is the only Daimler plant With locally sourced parts worldwide to produce trucks, and bodies, FUSO is able to buses and engines for offer its European customers three brands — BharatBenz, ready-to-use Canter FUSO, and Mercedes- trucks from the factory. Benz — for India and more than 30 export markets. Mitsubishi Fuso Truck and Daimler India Commercial Vehicles Bus Corporation Pvt. Ltd., 1-1-2, Kashimada, SIPCOT Industrial Growth Centre, Oragadam, Mathur Post, Saiwai-ku, Kawasaki-shi, Sriperumbudur Taluk, Kanagawa, 212-0058 Japan Kancheepuram District, Tel : +81-44-330-7700 Tamil Nadu - 602105 Tel: +91 44 49694000