The partners have signed an initial pact that could see shipments start by 2030. — Bloomberg
Berlin: Daimler Truck AG and Abu Dhabi agreed to explore the Gulf state’s supply of green hydrogen to power future fuel-cell rigs in Europe.
The partners have signed an initial pact that could see shipments start by 2030, the world’s biggest commercial-vehicle maker and Abu Dhabi Future Energy Co, known as Masdar, said yesterday. Masdar has committed to invest more than US$30bil in renewable-energy projects with a goal of making itself a leader in green hydrogen.
“Our initiative marks an initial step for us to enable the supply of liquid green hydrogen in Europe,” Daimler Truck chief executive officer Martin Daum said.
Truckmakers are pursuing battery-electric as well fuel-cell technology to shift to zero-emission transportation.
Last year, the company teamed up with engine specialist Cummins Inc and truck manufacturer Paccar Inc to build a battery plant in the United States, with the three firms expecting to invest up to US$3bil.
In the partnership with Masdar, Daimler Truck sees its role as a catalyst for change and logistics planning, Daum said in call with reporters.
The truckmaker doesn’t plan to operate hydrogen transport ships, pipelines or gas stations. Daimler Truck will invest in developing fuel-cell trucks, with first sales of hydrogen-powered long-haul rigs starting in 2027. By 2030, Daimler aims to sell 10,000 hydrogen-powered rigs annually.
Neither technology offers an easy way forward, and requires significant investment in charging and hydrogen refuelling infrastructure. In 2021, Daimler, Volvo and VW’s truck maker Traton set up a joint venture for a European charging network for trucks and buses, planning to invest 500mil for at least 1,700 charging points by about 2027. — Bloomberg
