# Toyota to join cellcentric as equal shareholder with Volvo Group and Daimler Truck

Toyota, Volvo Group and Daimler Truck have signed a binding agreement for Toyota to become an equal one-third shareholder in fuel cell joint venture cellcentric. Completion is expected around year-end 2026 or early 2027, subject to regulatory approvals.

- Type: Acquisition
- Announced: 2026-07-27
- Where: Germany
- Status: announced
- Products: fuel cell systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [global.toyota](https://global.toyota/en/newsroom/corporate/44689337.html), 2026-07-27: "The Volvo Group, Daimler Truck AG, cellcentric and Toyota Motor Corporation have signed a binding agreement for Toyota to join as an equal partner and shareholder in cellcentric."

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