Diamler and Volvo to develop, produce and commercialise fuel-cell systems for heavy-duty trucks

by Nov 2, 2020

A joint venture between Diamler and Volvo aims at development, production and commercialization of fuel-cell systems for heavy-duty trucks. As part of this joint project, Volvo Group will acquire 50% of the partnership interest in Daimler Truck Fuel Cell GmbH & Co. It is planned to start with customer tests of trucks with fuel-cells in approximately three years and then to enter series production after 2025. Both parties expressed their commitment upon the Paris Climate Agreement for decarbonising road transport . The project is s still subject to merger control review by the relevant authorities. Link to the news: https://www.pm-review.com/volvo-and-daimler-jv-to-advance-fuel-cell-systems-for-heavy-duty-trucks/