Daimler Truck, Volvo complete “cellcentric” JV

Mike Brezonick

02 March 2021

Daimler Truck AG and the Volvo Group today completed the transaction to form their previously announced fuel cell joint venture. The Volvo Group has acquired 50% of the partnership interests in the existing Daimler Truck Fuel Cell GmbH & Co. KG for approximately €0.6 billion ($722 million) on a cash…

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