Daimler and Volvo Launch Hydrogen Fuel Cell Truck Venture
Hydrogen fuel cell trucking took another step toward commercialization with Daimler Truck AG and Volvo Group creating a joint venture to pursue the technology.....MUCH MORE
The heavy-duty truck companies said Tuesday the Volvo would contribute the equivalent of $650 million for a half interest in the new company, which takes over the operations of Daimler’s Mercedes-Benz fuel cell vehicle development and will be based in Germany.
“It is a very positive development and a really strong signal that truck makers/powertrain providers are seriously building the capability to provide zero emissions operations across all operating modes,” said Bill Van Amburg, executive vice president and head of trucking programs for Pasadena-based clean transportation non-profit Calstart.
The companies said they are looking for a long-term solution for long-haul trucking that meets the vision of “sustainable transport and a carbon-neutral Europe by 2050.”
But both companies sell trucks in the U.S. Technical advances made by the manufacturer in Europe typically appear in their North American offerings.
Daimler owns the Freightliner and Western Star brands. Volvo has Volvo and Mack trucks....
