Daimler and Volvo Trucks plan to anatomy a collective adventure to accomplish hydrogen ammunition beef for bartering trucks.
“The accepted ambition is for both companies to action able cartage with ammunition beef for ambitious long-haul applications in alternation assembly in the additional bisected of the decade,” the two companies said in a collective columnist release.
Worth 1.2 billion euros ($1.3 billion at accepted barter rates), the accord will actualize a new accumulated entity, with buying breach 50/50 amid Daimler and Volvo Trucks, which charcoal a abstracted aggregation than the Geely-owned carmaker.
The activity could accept a above appulse on emissions. Bartering trucks awning essentially added breadth than best commuter cars, with abundant worse ammunition economy.
Commercial applications may additionally abate the better affair with fuel-cell vehicles: the abridgement of hydrogen infrastructure. Cartage operating on set routes can be refueled at their appointed terminals, abbreviating the charge for a ample arrangement of accessible fueling stations.
So far, the two companies accept alone active a non-binding basic agreement. A final acceding is accepted to be drafted by third analysis 2020, and active by the end of the year.
By alive together, the two companies achievement to abatement development costs and acceleration the assembly barrage of fuel-cell bartering trucks.
Both Daimler and Volvo accept invested in battery-electric trucks as well. Fuel-cell trucks will “complement” those vehicles, not alter them, Volvo Group CEO Martin Lundstedt said in a statement.
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Daimler will about-face its centralized fuel-cell development assets from its Mercedes-Benz commuter car analysis to its barter division—and that triggers the actual cessation of the low-volume F-Cell fuel-cell SUV.
Daimler’s accommodation to about-face accent abroad from projects like that against bartering cartage follows an industry trend. The abstraction of ammunition beef for commuter cars has stagnated, however, with alone a scattering of models in assembly and little adumbration of added on the way.
On the added hand, several companies are advance in fuel-cell bartering vehicles, from startup Nikola to accustomed diesel-engine architect Cummins.
Other automakers currently authoritative fuel-cell commuter cars are additionally attractive into bartering applications. Honda is partnering with Isuzu on fuel-cell bartering trucks, while Toyota has developed ancestor trucks that use powertrain apparatus from its Mirai sedan.
Hyundai apparent a glassy abstraction barter in 2019, and has adumbrated it sees uses for ammunition beef above commuter cartage like its accepted Nexo crossover.
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