Volvo Group and Daimler Truck AG launch of new joint venture cellcentric
Published on : Friday 30-04-2021
To accelerate the rollout of hydrogen-based fuel-cells, the two cellcentric shareholders call for a harmonised EU hydrogen policy framework to support the technology.
Sweden/Germany, April 29, 2021 – Today, two leaders of the commercial vehicle industry – Daimler Truck AG and Volvo Group – officially outlined their pioneering roadmap for the new fuel-cell joint venture cellcentric, as part of an industry-first commitment to accelerate the use of hydrogen-based fuel cells for long-haul trucks and beyond. With the ambition of becoming a leading global manufacturer of fuel-cell systems, cellcentric will build one of Europe’s largest planned series production of fuel-cell systems, with operation planned to commence in 2025. To accelerate the rollout of hydrogen-based fuel-cells, the two cellcentric shareholders call for a harmonised EU hydrogen policy framework to support the technology in becoming a viable commercial solution.
These ambitions were revealed as part of an exclusive digital launch today, led by Martin Daum, CEO of Daimler Truck AG, and Martin Lundstedt, CEO of Volvo Group. Designed to help meet the 2050 targets of sustainable transport and a carbon-neutral Europe as part of the European Green Deal, cellcentric will develop, produce and commercialise fuel-cell systems for both long-haul trucking and other applications. The joint venture can draw on decades of expertise and development work from both Daimler Truck AG and Volvo Group.
According to Daimler Truck AG and Volvo Group, purely battery-electric and hydrogen-based fuel-cell trucks will complement each other depending on the individual customer use case. Battery power will be rather used for lower cargo weights and for shorter distances, while fuel-cell power will tend to be the preferred option for heavier loads and longer distances.
Martin Daum, Chairman of the Board of Management of Daimler Truck AG and Member of the Board of Management of Daimler AG, says: “Hydrogen-powered fuel-cell electric trucks will be key for enabling CO2-neutral transportation in the future. In combination with pure battery-electric drives, it enables us to offer our customers the best genuinely locally CO2-neutral vehicle options, depending on the application. Battery-electric trucks alone will not make this possible. Together with our partner Volvo Group, we are therefore fully committed to our fuel-cell joint venture cellcentric and we are both pushing forward the development of the technology as well as the series production preparations. Regarding the necessary hydrogen infrastructure, it is clear that green hydrogen is the only sensible way forward in the long term.”
Martin Lundstedt, CEO of Volvo Group, says: “Our united ambition is to meet the targets in the Paris agreement of becoming CO2-neutral by 2050 at the latest. We are convinced that hydrogen fuel-cell technology plays an essential role in helping us reach that milestone. But we know there is so much more to achieve than just the electrification of machines and vehicles. There needs to be greater cooperation between public and private stakeholders to develop the necessary technology and infrastructure, which is why we are calling for united action from policymakers and governments around the world in helping us make hydrogen fuel-cell technology a success. Partnerships like cellcentric are vital to our commitment to decarbonising road transport.”