The truck and bus manufacturer Daimler Truck, which was spun off from Daimler’s passenger car division on 1 December, has now started trading on the Frankfurt Stock Exchange. With the IPO, the commercial vehicle manufacturer wants to raise capital for its electrification offensive in the field of battery and fuel cell trucks, among other things.
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Truck manufacturer Daimler Truck and the energy group Total have signed an agreement to work together on the development of a hydrogen infrastructure for heavy trucks in the European Union. The two corporations will initial focus on Germany, the Netherlands, Belgium, Luxemburg and France.
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Daimler Truck and BP have agreed to jointly accelerate hydrogen infrastructure development and the introduction of fuel cell trucks in the UK. Concrete terms will see BP installing hydrogen refuelling infrastructure throughout the decade with Daimler to push fuel cell trucks through dealerships.
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Daimler Truck and the works council have agreed on key points for the future orientation and safeguarding of the aggregate plants. The three locations Gaggenau, Kassel and Mannheim will specialise in different components of electrified drives.
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Daimler Truck has made an important location decision for its electric trucks. In future, further battery-electric and fuel cell trucks are to be built in series at the Wörth plant. Accordingly, Daimler Truck will continue to invest “substantially” in the location in the coming years.
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The German Federal Ministry of Economic Affairs and Technology (BMWI) and the German Federal Ministry of Transport and Infrastructure (BMVI) have selected 62 major projects to receive government funding as part of a joint European hydrogen project (Hydrogen IPCEI). The BMVI is funding twelve projects in the mobility sector.
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CATL will supply batteries for the production version of the announced Mercedes-Benz eActros LongHaul from 2024 onwards. Daimler’s commercial vehicle division has also entered into its own collaborations with Engie, EVBox, Siemens Smart Infrastructure for EV infrastructure and Shell for fuel cell truck infrastructure.
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Daimler Trucks just began intensive testing of the advanced prototype of its fuel cell truck GenH2 Truck, which was unveiled in September 2020. The prototype is still making the rounds on a test track, but soon it will also be on public roads.
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Daimler Truck and the Volvo Group have presented the fuel cell joint venture strategy, Cellcentric, founded on 1 March 2021. For this purpose, the company plans to establish one of the largest series production of fuel cell systems in Europe.
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Daimler Truck and the Volvo Group have now founded their announced fuel cell joint venture as the Volvo Group acquired 50 per cent of the shares in the existing company Daimler Truck Fuel Cell. The partners have also agreed to rename the company Cellcentric.
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A new common-interest alliance called H2Accelerate (H2A) is aiming to help hydrogen trucks achieve a breakthrough across Europe. The initiative is backed by Daimler Truck, Iveco, OMV, Shell and the Volvo Group. The partners estimate that nationwide introduction will take about a decade.
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Linde and Daimler Truck have signed an agreement to jointly develop the next generation of liquid hydrogen refuelling technology for fuel cell trucks.
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