[REVISION HISTORY]

Toyota, Daimler, Volvo fuel‑cell venture and hydrogen scale-

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2026-09-20 16:40 UTC → 2026-10-05 23:44 UTC · added ~~removed~~

In late July 2026, Toyota Motor Corporation signed a binding agreement to acquire a one‑third ownership stake in Cellcentric, the hydrogen fuel‑cell joint venture originally founded by Daimler Truck and Volvo Group. The transaction makes each of the three manufacturers equal 33.3% shareholders, with the deal expected to close by the end of 2026 or early 2027 pending regulatory approval. Cellcentric designs and manufactures hydrogen fuel‑cell systems for heavy‑duty trucks, buses, rail, marine, off‑highway equipment and stationary power, employing over 560 staff across sites in Germany and Canada and holding roughly 700 patents. Through this partnership, Toyota intends to provide core fuel cell technologies, including cells, materials, and stacks, to accelerate the mass production of large‑scale commercial vehicle components. By early September 2026, the scope of collaboration expanded as a major alliance of automotive, technology, and energy companies launched an initiative to accelerate the deployment of hydrogen-powered heavy-duty transport across Europe. This group includes Daimler Truck, Volvo Group, Toyota Motor Corporation, Bosch, Air Liquide, TotalEnergies, TEAL Mobility, and MB Energy, with support from German policymakers. The initiative aims to create a fully integrated hydrogen ecosystem by ~~2030.~~ 2030, initially centered in Germany to address vehicle availability, fuel supply, and refueling infrastructure. On September 8 and 10, 2026, Toyota expanded its hydrogen-related partnerships through collaborations with Scania and IVECO. Under Scania’s Pilot Partner program, Toyota will supply third-generation 300 kW fuel cell systems to 40 heavy-duty trucks for real-world ~~testing of reliability and efficiency.~~ testing. Additionally, through the EU-funded EMPOWER project, Toyota is collaborating with IVECO to develop the S-eWay Fuel Cell. This truck aims for a range exceeding 900 km and system durability of over 25,000 operating hours, utilizing a lighter architecture that requires half the battery capacity of previous generations. Technical validation is expected in By late September and early October 2026, ~~with road trials scheduled for the first half of 2027.~~ industry leaders clarified deployment timelines.

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