Toyota to Join Volvo and Daimler Truck in Hydrogen Fuel Cell Joint Venture cellcentric

Type: Partnership · Technology: Hydrogen · Announced: 2026-03-31

Toyota Motor Corporation has signed a non-binding agreement to become an equal shareholder in cellcentric, a joint venture focused on developing hydrogen fuel cell systems. Launched in 2021 by Volvo Group and Daimler Truck, cellcentric aims to be a global manufacturer and tier-1 supplier of fuel cell systems for long-haul trucking and heavy-duty applications. Under the agreement, Toyota and cellcentric will jointly manage the development and production of fuel cell unit cells, the core component of fuel cell systems, along with related architecture and control elements. This collaboration seeks to combine Toyota's extensive experience in passenger car fuel cell development with cellcentric's expertise in commercial fields to create competitive products and accelerate the scaling of hydrogen solutions for decarbonizing transport.

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