Volvo-Daimler to make hydrogen fuel cells in Europe
Sweden’s Volvo Group and Germany’s Daimler AG announced today they will start developing, producing and commercialising fuel cells in Europe by 2025 via their joint venture – ’cellcentric’ – and called for EU policies to help make zero-emission technology commercially viable. Leading competitors in large commercial vehicles, the Volvo Group and Daimler Truck AG, formally launched their joint venture – cellentric – today to help meet the 2050 targets of sustainable transport and a carbon-neutral Europe. Previously announced in March, the joint venture represents an “industry-first commitment” to accelerate the use of hydrogen-based fuel cells for long-haul trucking and other applications.