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home / news releases / DMLRY - Daimler Truck Spinoff And Volvo Group: ICE Out BEV (And Hydrogen?) In

DMLRY - Daimler Truck Spinoff And Volvo Group: ICE Out BEV (And Hydrogen?) In

Daimler AG ADR
  • Daimler separating car and truck businesses by spinning out truck business.
  • Volvo Group (trucks) focuses on electrification with BEV and FCEV developments.
  • Daimler Truck and Volvo Group have a similar strategy with BEV trucks becoming mainstream and flirting with hydrogen which involves a planned JV.
  • Various plans for hydrogen corridor in Europe to field test heavy truck FCEV.
  • Tesla Semi is still coming.

For further details see:

Daimler Truck Spinoff And Volvo Group: ICE Out, BEV (And Hydrogen?) In
Stock Information
Company Name: Daimler AG ADR
Stock Symbol: DMLRY
Market: OTC
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