• Daimler Truck, the Volvo Group, cellcentric and Toyota Motor Corporation have signed a non-binding Memorandum of Understanding to collaborate on fuel cell technology
  • Toyota intends to join Daimler Truck and the Volvo Group as an equal shareholder in cellcentric
  • Upon closing, Toyota will bring its complementary know-how and expertise to the joint venture
  • All three shareholders intend to further strengthen cellcentric as a leading manufacturer of fuel cell systems for heavy-duty commercial applications