Daimler plans to spin off Daimler Truck as a separate business and establish two independent pure-play companies for truck/bus and autos, “designed to unlock the full potential of its businesses in a zero-emissions, software-driven future.”
Daimler Truck, Volvo Group Form Fuel Cell Joint Venture
In a bold move, Daimler Truck AG and the Volvo Group agreed to join forces in an effort to speed up the development, establishment and acceptance of fuel cell vehicles – at a time when much of the focus on electric trucks among legacy truck makers has been on battery-electric solutions.
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