Toyota to take one-third stake in fuel cell venture cellcentric with Volvo, Daimler Truck
TM•Toyota to join cellcentric as one-third owner
Toyota, Volvo Group, and Daimler Truck signed a binding deal for Toyota to take a one-third stake in fuel-cell venture cellcentric.
Transaction completion is expected around the end of 2026 or early 2027, subject to regulatory approvals.
Partnership targets heavy-duty hydrogen trucking
The 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.
