Daimler, Toyota, & Mitsubishi To Partner On Hydrogen Tech
Daimler, Toyota Hino, and Mitsubishi are hoping their economies of scale will cut down the costs of hydrogen.Daimler and Toyota Hino are two of the biggest names in commercial trucking, and they’ve just signed an MOU with Mitsubishi Fuso that will see the acceleration of that company merging with Hino and the development of new, advanced trucking tech .
For their parts, the executives of the two companies seem genuinely hyped by the merger. Karl Deppen, the CEO of Mitsubishi Fuso, says, “This close collaboration will enable us to accelerate the decarbonization of the transportation industry, creating an even stronger Japanese commercial vehicle manufacturer. Under the two well-established brands of FUSO and HINO, we will continue to take a leading role in serving customer needs in Japan, Asia and beyond.
“We at Daimler Truck are very proud of our products, because trucks and buses keep the world moving,” says Martin Daum, CEO of Daimler Trucks . “Soon, they will even do so with zero emissions. So there is a great future ahead — and today’s announcement is a crucial step in making that future work economically and in leading sustainable transportation. The planned new company will be a major force in Southeast Asia and an important associate of the Daimler Truck family.
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