Brief: Toyota: Aim To Join Daimler Truck And Volvo Group As Equal Shareholder In Fuel Cell Joint Venture 'Cellcentric'

Volvo AB

31/03/2026 07:05

March 31 (Reuters) - Toyota Motor Corp 7203.T:

TOYOTA - TOYOTA MOTOR CORPORATION AIMS TO JOIN DAIMLER TRUCK AND VOLVO GROUP AS EQUAL SHAREHOLDER IN THE FUEL CELL JOINT VENTURE CELLCENTRIC

TOYOTA - UPON CLOSING, TOYOTA WILL BRING ITS COMPLEMENTARY KNOW-HOW AND EXPERTISE TO THE JOINT VENTURE

TOYOTA - TOYOTA PLANS TO PARTICIPATE IN A CAPITAL INCREASE IN CELLCENTRIC BY INVESTING IN THE COMPANY

TOYOTA - DAIMLER TRUCK, VOLVO AND TOYOTA WILL CONTINUE TO COMPETE INDEPENDENTLY IN ALL OTHER AREAS OF THEIR RESPECTIVE BUSINESSES

TOYOTA - THE SIGNED AGREEMENT IS NON-BINDING. THE PARTIES WILL CONTINUE DISCUSSIONS AND AIM TO REACH A LEGALLY BINDING AGREEMENT

Source text: [ID:]

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