Daimler Truck and Volvo to manufacture fuel cells in Europe from 2025 | World
By DAVID McHUGH AP Business Writer
FRANKFURT, Germany (AP) – Germany’s Daimler Truck AG and Swedish Volvo Group have announced plans to jointly manufacture hydrogen fuel cells for trucks in Europe from 2025 and called on EU policymakers to strengthen incentives for climate neutral technologies.
The companies said Thursday their fuel cell joint venture, named cellcentric, was doing preparatory work at a facility in Esslingen, Germany, and a decision on a location for large-scale mass production would be announced in 2022. Daimler Truck and Volvo said they plan to start with customer testing of fuel cell electric trucks in about three years and start full-scale production by the end of the decade.
The companies urged European policymakers to add incentives, including carbon taxation and emissions trading, to compensate for the fact that climate-neutral trucks would be more expensive. They supported calls for the construction of 300 high-performance hydrogen refueling stations for heavy goods vehicles by 2025 and 1,000 stations by 2030.
European governments are seeking to reduce carbon dioxide emissions in their economies as part of the 2015 Paris climate accords, which aim to limit global warming and climate change. Carbon dioxide, produced among other things by internal combustion engines, is the main greenhouse gas accused by scientists of climate change.
Efforts to limit emissions from passenger cars in Europe have focused on the introduction of a large number of electric cars powered only by batteries. According to the European Association of Automobile Manufacturers, there were only 2,018 fuel cell vehicles on European roads in 2019.