Daimler and Volvo seal fuel cell tie-up

The Volvo Group and Daimler Truck AG will waste no time in developing hydrogen-powered fuel cells for long-haul trucking now that they have signed a binding agreement to form a jointventure in the rapidly expanding field of manufacturers pursuing the zero-emissions technology.

Daimler and Volvo are two of the world’s largest heavy-duty truck makers. Working together helps both companies. Daimler brings decades of fuel cell experience. Volvo brings cash to accelerate the work. Volvo is paying...

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