April 9th, 2020

Fleet EV Initiative LCC.

Chubu Electric Power Co., Inc.

Marubeni Corporation

Launched Proof of Concept for Optimizing the Truck Operation of

Meitetsu Transportation and S LINE.

Fleet EV Initiative LCC (hereinafter, " FEVI") which was established as a joint venture company between Chubu Electric Power Co., Inc. (hereinafter, "Chubu Electric") and Marubeni Corporation (hereinafter, "Marubeni"), hereby announces the launch of a PoC for optimizing the operation of EV trucks with the cooperation of Meitetsu Transportation Co., Ltd. (hereinafter, "Meitetsu Transportation") and S LINE CO.,LTD. (hereinafter, "S LINE").

The goal of this PoC for FEVI is to acquire knowledge in controlling and operating the EV trucks held by Meitetsu Transportation and S LINE. FEVI will also analyze optimal charging methods given the trends in driving and delivery schedules, fleet utilization improvement via high power chargers, energy cost savings through the use of peak-control, and efficient CO2 reduction by introducing EV trucks.

FEVI will contribute to the realization of a sustainable society, not only by proposing converting to EVs to vehicle fleet owners, but also by facilitating the introduction of renewal energy resources and by utilizing EV energy storage function as a BCP measure.

Outline of PoC

Period

April 9th, 2020 ~ March 31th, 2022 (Plan)

Place

Meitetsu Transporation: around its Nagoya-Higashi Branch Office

S LINE Kagamihara: around its headquarters

Vehicle

Mitsubishi Fuso eCanter (Meitetsu Transport 2units, S LINE 1unit)

- Improvement of fleet utilization through the use of a high power

PoC

charger.

Contents

- Energy cost savings through the use of peak-control.

- Efficient CO2 reduction by introducing EV trucks.

FEVI Execution of PoC, analyzing the efficiency and operation

Role

of chargers.

Meitetsu Transportation and S LINE

EV truck operation and providing data

Questions

Chubu Electric Power Co., Inc. Corporate Communication Division 052-961- 3582

Marubeni Corporation Corporate Communications Dept. 03-3282-4020

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Marubeni Corporation published this content on 09 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 April 2020 05:07:19 UTC