Press Releases

Hitachi Joins UK Co-Innovation Project on Connected Autonomous Vehicles (CAVs)

London, August 11, 2017 - Hitachi Europe Ltd., a wholly owned subsidiary of Hitachi, Ltd. (TSE: 6501, “Hitachi”) today announced it has joined the HumanDrive project, an R&D project consortium selected by Innovate UK, “the UK’s Innovation Agency”, to develop methodologies and technologies based on artificial intelligence (AI) to support the deployment of connected and autonomous Vehicles (CAVs) in UK and globally.

Notification of Progress Toward Conducting the Tender Offer for Shares of Subsidiary

Tokyo, Japan, August 9, 2017 --- Hitachi, Ltd. (TSE:6501, “Hitachi”) announced in its press release titled “Notification of Execution of Basic Agreement pertaining to Tender Offer for Shares of Subsidiary” issued on April 26, 2017 (“Hitachi’s April 26 Press Release”) that it has executed a basic agreement with HKE Holdings G.K. (Executor: William Janetschek, “HKE”) and HVJ Holdings Inc. (Representative Director and President: Tatsuo Kimura, “HVJ”) regarding a tender offer scheduled to be conducted by HKE for the common shares of Hitachi Kokusai Electric Inc.

Comment on Announcement of Arbitration

Tokyo, July 31, 2017 --- Hitachi Ltd. commented on the captioned matter as follows.

Mitsubishi Heavy Industries, Ltd. today announced that it has filed an arbitration claim against Hitachi regarding the transfer price adjustment in connection with the certain boiler construction projects ("Projects") in the Republic of South Africa that involves Mitsubishi Hitachi Power Systems, Ltd. (“MHPS”), which is the joint venture company that integrated the respective thermal power generation system businesses of MHI and Hitachi.

Hitachi Automotive Systems’ Lightweight, Compact and Highly Reliable Lithium-Ion Battery Module has been Chosen for Suzuki’s New “Swift” Vehicles with Hybrid Technology

Tokyo, July 24, 2017 --- Hitachi Automotive Systems, Ltd. today announced that its lightweight, compact and highly reliable lithium-ion battery module has been chosen for Suzuki Motor Corporation’s new Swift HYBRID SG and Swift HYBRID SL, fitted with hybrid technology. The new models were launched on July 12, 2017.

Notice of Determination of Transfer Execution Date Associated with Acquisition of U.S.-based Air Compressor Manufacturer

Tokyo, July 6, 2017 --- Hitachi, Ltd. entered into an agreement to acquire Accudyne Industries' subsidiaries and certain related assets that manufacture and distribute air compressors under the "Sullair" brand, as announced in its press release dated April 25, 2017 ("Hitachi Enters into Agreement to Acquire Air Compressor Manufacturer, Making a Full-Scale Entry into the North America Industrial Business").

Global Positioning Augmentation Service Corporation (GPAS) Newly Established for Commercialization of Centimeter-level High-precision Satellite Positioning Service

Tokyo, June 14, 2017 --- Hitachi Zosen Corporation, Development Bank of Japan, DENSO Corporation, Japan Radio Co., Ltd., and Hitachi Automotive Systems, Ltd. today announced that they will establish a new company named Global Positioning Augmentation Service Corporation (GPAS) on June 15, 2017 in the form of a joint investment.

Horizon Apprentices arrive in Japan for Work Experience

Gloucester, 13th June, 2017 --- Hitachi-GE Nuclear Energy, Ltd. (Hitachi-GE), a joint venture of Hitachi, Ltd. and GE, who will provide the UK Advanced Boiling Water Reactor (UK ABWR) technology for Wylfa Newydd, a new nuclear power station on Anglesey, is hosting the apprentices, who will receive an introduction to the training, skills and practices of their Hitachi-GE counterparts in Japan.

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