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Daimler receives USD 239 million in government funding for hydrogen truck development
Truck Industry Tech
Nov 19, 2024
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Truck Industry Tech

Nov 19, 2024

Daimler receives USD 239 million in government funding for hydrogen truck development

Funding

  • Truck manufacturer Daimler Truck has secured EUR 226 million (USD 239 million) in funding from Germany's Ministry for Digital and Transport (BDMV) and the federal states of Baden-Württemberg and Rhineland-Palatinate.

  • The funding will be used for the development, small-scale production, and customer adoption of 100 hydrogen fuel cell trucks as well as assessing infrastructural needs for fuel cell trucks.

  • The funding comes from the European Union's Important Project of Common European Interest (IPCEI) Hydrogen program, which supports the development and production of vehicles.

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