Toyota joins Volvo and Daimler in fuel cell venture
Toyota joins Volvo and Daimler Truck as an equal partner in the cellcentric fuel cell venture. They will develop hydrogen systems for heavy-duty vehicles.
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Toyota Motor Corporation has announced plans to join VOLVO AB-B SHS and Daimler Truck Holding AG as an equal shareholder in the hydrogen fuel cell joint venture, cellcentric. The partnership marks a significant consolidation in the automotive industry as major manufacturers seek to share the high costs of developing zero-emission technologies for heavy-duty transport.
