Volvo, Daimler Truck sign deal to add Toyota as equal shareholder in cellcentric fuel cell venture

Reuters2026/07/27 06:30

By:Reuters

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AB Volvo, Daimler Truck, Toyota signed a binding deal for Toyota to take a one-third stake in fuel-cell joint venture cellcentric.
Partnership targets fuel-cell systems for heavy-duty commercial vehicles, aiming to scale manufacturing and improve competitiveness in hydrogen technology.
cellcentric will remain independent, serving multiple customers across heavy-duty transport and other applications.
Closing expected around end-2026 or early 2027, subject to regulatory approvals.
Volvo expects no material impact on earnings or financial position.

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. AB Volvo published the original content used to generate this news brief via Cision (Ref. ID: 202607270230BITN____UKPR__EN_20260726-BIT-1867-0) 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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Volvo, Daimler Truck sign deal to add Toyota as equal shareholder in cellcentric fuel cell venture

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