Volvo Trucks & Mercedes-Benz Trucks Joint Fuel Cell Solution
Two fierce competitors are working together on a solution to developing hydrogen fuel cell for use in heavy-duty truck applications. Volvo Trucks and Daimler Truck (Mercedes-Benz parent company) have started the process into putting together a joint venture where Volvo will buy 50% of the shares in Daimler’s existing fuel cell activities for EUR 0.6…