Volvo Group holds 45% ownership of Cespira and invested approximately $28 million in the joint venture with an additional $45 million earn-out structure. Volvo has over 10,000 trucks equipped with HPDI technology running on LNG and bioLNG. The company is actively involved in on-road testing of the hydrogen HPDI fuel sy
Volvo Trucks, part of the Volvo Group founded in 1928, announced development of hydrogen-powered combustion engine trucks as a complement to battery electric and fuel cell options. Recently, they have expanded zero-emission offerings with battery-electric trucks like the FH Electric launched in 2022.
Co-founder and partner in cellcentric joint venture with Daimler Truck. The Volvo Group is jointly pursuing the objective of becoming a world-leading fuel cell manufacturer and making decisive contributions to sustainable transportation by 2050.
Swedish truck manufacturer developing hydrogen combustion engine trucks. Volvo Trucks is advancing towards net-zero emissions through hydrogen-powered vehicles and plans on-road testing by 2026.
Volvo is part of an H2 venture with Daimler Truck Holding and has reduced the cost of H2 trucks, highlighting the need for broader infrastructure participation.
Volvo is mentioned as a large freight and long-haul truck maker investing in H2-powered vehicles, seeing advantages over battery electrics for heavy-duty applications.
Swedish truck manufacturer announcing the start of hydrogen fuel cell vehicle testing with plans for commercialization in the latter part of the decade.
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