By Lech P. Quiambao
THE Commercial Japan Partnership Technologies Corporation (CJPT) has disclosed the departure of Daihatsu Motor Co., Ltd. (Daihatsu) from its consortium due to issues with procedural irregularities related to certification applications. This decision comes after Daihatsu itself sought removal from the partnership, recognizing the impact these irregularities could have on CJPT’s mission and public trust.
Established in April 2021, CJPT has focused on fostering the adoption of CASE technologies to drive towards a carbon-neutral future and address challenges within the logistics sector, including the critical “2024 problem.” Daihatsu’s withdrawal follows its acknowledgment of procedural missteps in its certification processes, prompting a mutual agreement on its exit to preserve the integrity and public confidence in CJPT’s objectives.
As part of the separation, Daihatsu will relinquish all its ties and responsibilities within CJPT, including a 10 percent equity stake, which will be transferred to Toyota Motor Corporation (Toyota). This arrangement extends to the operations of Commercial Japan Partnership Technologies Asia Co., Ltd., a subsidiary established in Thailand the previous year.
Despite this setback, Daihatsu will maintain its involvement in a key initiative aimed at introducing electric mini-commercial vans. This project, pivotal for last-mile delivery electrification and carbon neutrality, will see Daihatsu collaborating with Suzuki Motor Corporation and Toyota to ensure its successful execution without impacting customers.
CJPT remains committed to its collaborative efforts with industry partners to address the transportation sector’s challenges and to advance towards a sustainable, carbon-neutral society.