Daimler Truck, Volvo, Toyota agree to take equal stakes in cellcentric fuel-cell venture
PUBT · 1d ago
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- Daimler Truck, Volvo Group, Toyota, and cellcentric signed a binding deal for Toyota to join cellcentric as an equal shareholder.
- Ownership would shift to a three-way split, with each partner holding one-third, subject to regulatory approvals.
- The partners aim to scale fuel-cell system development and manufacturing for heavy-duty commercial vehicles.
- cellcentric will remain autonomous, serving multiple customers, while the three owners continue to compete outside the venture.
- Closing is expected around end-2026 or early 2027.
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. Daimler Truck Holding AG published the original content used to generate this news brief on July 27, 2026, and is solely responsible for the information contained therein.
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