Toyota signs binding agreement to become equal shareholder in hydrogen fuel cell venture cellcentric

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Toyota Motor has signed a binding agreement to become an equal shareholder in cellcentric, a developer and manufacturer of hydrogen fuel cell systems for heavy-duty commercial vehicles. The agreement places Toyota alongside Daimler Truck and Volvo Group as equal partners in the venture. The move brings Toyota into closer collaboration with the two truck makers in heavy-duty fuel cell systems and adds another piece to the company's hydrogen and commercial transport strategy.

Impact on assets 3

Electrification & Mobility▲ · 3 stocks
Toyota Motor Corp.
7203
▲ PositiveTechnologyrelevance

Toyota signs binding agreement to become equal shareholder in cellcentric, deepening its hydrogen fuel cell strategy for heavy-duty trucks.

Volvo AB Series A
0MHW
▲ PositiveTechnologyrelevance

Volvo Group becomes equal partner in cellcentric, strengthening its hydrogen fuel cell technology for heavy-duty trucks.

Daimler Truck Holding AG
DTG
▲ PositiveTechnologyrelevance

Daimler Truck becomes equal partner in cellcentric, advancing its hydrogen fuel cell development for commercial vehicles.

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ORCL · Regulation · Negative Oracle issued a force majeure notice on its New Mexico AI data center after pipeline permit rejections, deferring payments and risking its growth plans.
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