Transport giants Volvo Group and Daimler Truck team up to focus on fuel-cell technology

CNBC | The Volvo Group and Daimler Truck have announced plans for a collaboration focusing on hydrogen fuel-cell technology, in the latest example of major transportation firms taking steps to push the technology into the mainstream.

In an announcement Tuesday the two firms said they had established a 50/50 joint venture, looking to “develop, produce and commercialize fuel cell systems for heavy-duty vehicle applications and other use cases.”

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