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Volvo and Daimler Truck sign binding agreement for their fuel-cell joint venture
The Volvo Group and Daimler Truck have now a signed binding agreement for a joint venture to develop, produce and commercialize fuel-cell systems for use in heavy-duty trucks as the primary focus, as well as other applications.
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Volvo and Daimler Truck form a joint venture for large-scale production of fuel cells
Sharing the Green Deal vision of sustainable transport and a carbon neutral Europe by 2050, two companies in the commercial vehicle industry, Daimler Truck AG and the Volvo Group, have signed a preliminary non-binding agreement to establish a new joint venture.
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