Volvo and Daimler launch €1.2bn fuel cell truck joint venture

James S Murray
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Assembly line for a fuel cell drive unit in Kirchheim-Nabern / Credit: Daimler
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Assembly line for a fuel cell drive unit in Kirchheim-Nabern / Credit: Daimler

European auto giants Daimler and Volvo this week announced plans to launch a new joint venture to develop and produce fuel cell systems for heavy-duty vehicles. Under the terms of the deal Daimler will...

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