Daimler & Volvo join on truck and bus fuel cells
Daimler Truck and the Volvo Group intend to establish a joint venture to develop and build fuel cells for heavy-duty commercial vehicles. Although the letter of intent just signed is non-binding, a final agreement is expected to be concluded by the end of the year.
Daimler to restructure its EV battery development unit
The carmaker is currently discussing to ‘insource’ this unit, according to the Stuttgarter Zeitung. Wolfgang Nieke, Chairman of the company’s works council, makes clear that he wants development specialists of Daimler’s subsidiary Accumotive to move to the headquarters in Untertürkheim.