# Toyota aims to join cellcentric fuel cell JV as equal partner

Volvo Group, Daimler Truck, cellcentric and Toyota Motor Corporation signed a non-binding MoU for Toyota to invest in cellcentric and become an equal shareholder alongside Volvo and Daimler Truck, to collaborate on fuel cell systems for heavy-duty applications.

- Type: Partnership
- Announced: 2026-03-31
- Where: Göteborg, Sweden (cellcentric HQ), Germany
- Status: announced
- Products: fuel cell systems, fuel cell unit cells
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Toyota Motor](https://endata.com/companies/962.md) (investor)
- [cellcentric](https://endata.com/companies/8098.md) (partner)
- [Volvo](https://endata.com/companies/9342.md) (partner)
- [Daimler Truck AG](https://endata.com/companies/26930.md) (partner)

## Sources

- [barchart.com](https://www.barchart.com/press-releases/1055495/toyota-motor-corporation-aims-to-join-volvo-group-and-daimler-truck-as-equal-shareholder-in-the-fuel-cell-joint-venture-cellcentric), 2026-03-31: "Volvo Group, Daimler Truck, cellcentric and Toyota Motor Corporation signed a non-binding Memorandum of Understanding to collaborate on fuel cell technology."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.