FRANKFURT AM MAIN, April 21 — German automobile group Daimler said today it was partnering with Sweden’s Volvo to make hydrogen batteries for trucks, as car giants accelerate a push to wean vehicles from fossil fuels. The joint venture between the two, valued at €1.2 billion (US$1.3 billion),...
Tuesday, 21 Apr 2020 04:48 PM MYT
The joint venture between the two, valued at €1.2 billion , is “a milestone in bringing fuel cell powered trucks and buses onto our roads,” said Daimler Truck chairman Martin Daum. But a number of technological hurdles and a lack of refuelling infrastructure have stood in the way, leaving hydrogen engines to account for only a fraction of vehicles on the road.
“In the context of the current economic downturn cooperation has become even more necessary,” they said, in a nod to the economic fallout of the coronavirus pandemic.Auto experts have repeatedly urged the industry not to overlook the advantages of hydrogen fuel cells.
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