Apr 21

Daimler and Volvo team on hydrogen trucks – and the stakes are high

Posted in: Today's Chili

Volvo and Mercedes-parent Daimler have inked a deal on a new hydrogen truck joint venture, building fuel-cell powered haulage and buses for greener transportation. The 50-50 project will see Volvo Group spend around $650 million to jump in, while Daimler contributes its existing work on fuel-cells. Fuel-cells combine hydrogen and oxygen in a complex sandwich of other chemicals, producing electricity … Continue reading

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