Daimler and Volvo collaborate on hydrogen technologyApril 21, 2020
Daimler Truck and Volvo Group have published a letter of intent to create a new joint venture. This partnership is aimed at implementing the development and application of hydrogen technologies for trucks.
Daimler Truck, known for its Mercedes-Benz trucks, will move all of its current hydrogen and fuel cell development activities into a new joint venture. The Volvo Group, which should not be confused with Volvo Car Corporation, will invest 600 million euros and thereby acquire a 50 percent stake. The joint venture will formally sign the contract in the third quarter of this year and should be finalized by the end of 2020.
“This partnership with the Volvo Group is a milestone in getting trucks and buses with fuel cells on board,” quotes autoweek.nl Martin Daume, chairman of Daimler Truck.
In a fuel cell, the chemical energy of hydrogen and oxygen is converted to electricity, which drives electric motors. Hydrogen is potentially a green fuel, for example, when green electricity is used to convert water to hydrogen.
In addition, hydrogen can be obtained by steam reforming, as a result of which natural gas combines with steam. This fuel is called “blue hydrogen” because it requires the production of traditional fuel, the combustion of which leads to the release of CO2. This gas is trapped and stored in the reformer, and then turns into “blue” hydrogen, which is slightly more environmentally friendly than hydrogen sulfide, as CO2 does not end up in the environment.
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