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The three companies plan to become equal partners in Cellcentric, a venture focused on fuel.
Toyota, Daimler Truck, and Volvo Group will become equal partners in the Cellcentric hydrogen venture.
KEY POINTS
- The partnership aims to scale hydrogen fuel-cell systems specifically for heavy-duty trucks and industrial vehicles.
- Toyota has been developing hydrogen technology since the 1990s and has tested hydrogen trucks in Europe.
- Europe plans significant expansion of hydrogen refueling infrastructure by 2030, supporting this partnership's strategy.
- The alliance reflects a shift toward using both hydrogen and battery technologies for different transportation needs.
COMPANIES
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