Toyota to take one-third stake in fuel cell venture cellcentric with Volvo, Daimler Truck

Reuters2026/07/27 06:33

By:Reuters

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Toyota, Volvo Group, Daimler Truck signed a binding deal for Toyota to take a one-third stake in fuel-cell venture cellcentric.
Transaction completion expected around end-2026 or early 2027, subject to regulatory approvals.
Partnership targets fuel-cell systems for heavy-duty commercial vehicles, aiming to boost scale and competitiveness in hydrogen trucking.
cellcentric will remain independent, serving a broad customer base while the three owners continue to compete outside the venture.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Toyota Motor Corporation published the original content used to generate this news brief on July 27, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Toyota to take one-third stake in fuel cell venture cellcentric with Volvo, Daimler Truck

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