Folofly Co., Ltd. (CEO: Hiroyasu Koma, Headquarters: Kyoto City, Kyoto Prefecture), an EV manufacturer that introduced Japan’s first 1-ton class EV truck designed for last-mile logistics, announced its second original model—the flatbed folofly F1 TRUCK—in June of last year. The model gained attention from a wide range of industries for its customizable cargo space.
This time, the folofly F1 TRUCK has been selected as the demonstration vehicle for a project being carried out in Chuo City, Tokyo, by NTT DOCOMO, INC. and DOCOMO BIKE SHARE, INC. The initiative aims to optimize bicycle redistribution for a shared-cycle system using renewable energy and EV trucks.
Further details on the demonstration project are available on the official websites of the participating companies.
Background of folofly F1 Series Development – Responding to Decarbonization Needs in the Commercial Vehicle Industry
folofly employs a horizontal division of labor model similar to the smartphone industry, focusing on planning and design in Japan while outsourcing production overseas. This approach enabled the company to develop and release Japan’s first 1-ton class EV trucks—the F1 VAN and F1 TRUCK—at twice the typical speed.
As commercial vehicles face increasing pressure to decarbonize, demand varies widely by industry, transportation method, and cargo. folofly continues to work with forward-thinking companies committed to building a sustainable society and contributes to decarbonization through the development of vehicles and services tailored to specific logistics needs.
folofly Company History
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August 2021: folofly Co., Ltd. established at Kyoto University International Science Innovation Building
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October 2021: Acquired license plate registration for Japan’s first 1-ton class home delivery EV via fabless production
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October 2021: Started sales of EV F1 VAN
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October 2021: SBS Holdings announced plans to introduce 10,000 folofly vehicles
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November 2021: Jointly developed battery-swapping equipment with JEE
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June 2022: Announced second original model, the flatbed EV F1 TRUCK
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July 2022: EV F1 VAN certified under Advanced Trucks and Buses Introduction Acceleration Program subsidy
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September 2022: EV F1 VAN became Japan’s first 1-ton class cargo EV with a green license plate and began commercial operation
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September 2022: Recognized as eligible for the CEV subsidy program
Company Overview
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Company Name: Folofly Co., Ltd.
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Established: August 3, 2021
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Representative: Hiroyasu Koma, CEO
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Capital: ¥924,000,000 (including capital reserve)
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Headquarters: 36-1 Yoshida Honmachi, Sakyo-ku, Kyoto City, Kyoto Prefecture (Kyoto University International Science Innovation Building)
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Business: Development and sales of electric vehicles; provision of environmentally sustainable infrastructure services