Toyota Motor Corporation aims to join Volvo Group and Daimler Truck as equal shareholder in the fuel cell joint venture cellcentric [Yahoo! Finance]
Toyota Motor Corporation (TM)
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Source: Yahoo! Finance
Toyota Motor Corporation aims to invest in cellcentric and to join existing shareholders Volvo Group and Daimler Truck as an equal partner. Upon closing of the process, Toyota will bring its complementary know-how and expertise to the joint venture. All three shareholders intend to further strengthen cellcentric as a leading manufacturer of fuel cell systems for heavy-duty commercial applications. GOTHENBURG, Sweden March 31, 2026 /PRNewswire/ -- Volvo Group (Volvo), Daimler Truck AG (Daimler Truck), cellcentric and Toyota Motor Corporation (Toyota) have signed a non-binding agreement to cooperate in the fuel cell system joint venture cellcentric. The three companies intend to collaborate based on an equal shareholding with Toyota as the third joint venture partner to cellcentric. The combination of the parties' complementary experience and know-how will support and accelerate their joint objective to develop, produce and commercialise fuel cell systems for heavy-duty vehicles
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- Toyota global sales fall 2.3% in February [Yahoo! Finance]Yahoo! Finance
- Toyota to join Daimler and Volvo Group in fuel cell JV [Yahoo! Finance]Yahoo! Finance
- Toyota Reports 2.3% Sales Drop as China Weakness Deepens [Yahoo! Finance]Yahoo! Finance
- Toyota's China Problem Is Getting Harder To Ignore [Yahoo! Finance]Yahoo! Finance
- Japan Stocks Fall as Oil Risk Heightens on Escalating Iran War [Yahoo! Finance Canada]Yahoo! Finance Canada
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