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Daimler Truck to Shift Spending to Battery, Hydrogen Rigs

Daimler’s truck and bus division says it plans to shift most of its vehicle development resources to zero-emission vehicles by 2025 and predicts that battery and hydrogen-powered trucks could be competitive with diesels on cost later this decade.

Daimler Truck CEO Martin Daum on May 20 underlined the company’s big plans for hydrogen — even though the technology is not as close to practical use as batteries.

The world’s largest truck and bus maker, with brands including Freightliner and Mercedes-Benz, outlined its strategy for a wide-ranging transition away from internal combustion vehicles after it is spun off as an independent company later this year from Daimler AG.

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