Toyota to join Cellcentric as third shareholder
Toyota plans to join Cellcentric, a fuel cell joint venture between Daimler Truck and the Volvo Group, as a third shareholder. The partnership aims to strengthen the development of fuel cell systems for heavy-duty commercial vehicles and other heavy-duty applications.
Toyota is set to join Cellcentric, a joint venture between Daimler Truck and the Volvo Group. The company will become the third shareholder, focusing on fuel cell systems for heavy-duty commercial vehicles. Cellcentric was founded in 2021 to produce fuel cells for heavy-duty vehicles. Toyota's entry adds a new dynamic to the development, with the goal of creating competitive products. The partners plan to jointly manage the development and production of fuel cell unit cells. The aim is to develop products that optimally utilise the technologies of both companies.
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