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Volvo Group

Volvo, Daimler, Toyota Unite to Scale Hydrogen Trucking Across Europe

Gothenburg – September 17, 2026 -- Eight industry leaders, including Volvo Group, Daimler Truck and Toyota Motor Corporation, unveiled a coordinated plan at IAA Transportation to scale hydrogen-powered trucking across Europe, with Germany positioned as the first market offering a fully scalable deployment model by 2030.

Daimler Truck commits mid-three-digit million euro investment to hydrogen fleet

Daimler Truck customers have already driven nearly 600,000 kilometers with fuel cell trucks. The company will deploy 100 next-generation fuel cell trucks into customer operations from late 2026, alongside hydrogen combustion engine trucks set for market launch in 2027. Daimler Truck is investing a mid-three-digit million euro amount in hydrogen trucks through 2030. Volvo Group is separately committing significant capital to both fuel-cell and hydrogen-combustion truck lines for rollout toward 2030.

Volvo Group Builds 70MW Energy Park Near Mariestad Battery Plant

Gothenburg – September 15, 2026 -- Volvo Group will develop an energy park near its planned Mariestad battery cell production site, initially providing approximately 70 MW/260 MWh of battery storage capacity, making it one of the largest energy parks in Sweden.

Volvo Group commits to 70 MW/260 MWh storage capacity as first development phase

The energy park will grow along two parallel tracks: a large-scale battery storage facility using Volvo Battery Energy Storage Systems (BESS) from Volvo Energy, and a future test bed for developing new energy solutions. The facility is expected to become operational during 2027.