Toyota aims to join cellcentric as an equal shareholder

Toyota Motor Corporation has signed a non-binding memorandum of understanding (MOU) with Daimler Truck AG and the Volvo Group to become an equal shareholder in cellcentric, their fuel cell system joint venture targeting the heavy-duty commercial vehicle market. The four parties — Daimler Truck, Volvo, cellcentric and Toyota — intend to collaborate on the development, production, and commercialisation…

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