Overview
- A non-binding memorandum of understanding signed Tuesday would make Toyota an equal third shareholder in cellcentric, pending board and regulatory approvals.
- Toyota plans to invest through a capital increase and to co-manage the design and production of fuel cell unit cells with cellcentric.
- Cellcentric would remain an independent supplier and center of competence that serves customers beyond its parent companies.
- The venture targets heavy-duty trucks and other demanding uses, and the partners say they will work with industry groups to grow hydrogen production and refueling networks.
- A Mercedes-Benz test rig using cellcentric stacks covered about 650 miles on one fill and a limited run of NextGenH2 trucks is slated for late 2026, according to InsideEVs, pointing to diesel-like range and refueling that could help fleets if stations expand.