Daimler Truck Eyes Pending Independent Status in Electric World
Daimler Truck reported it is on schedule to be listed as a public company on the Frankfurt Stock Exchange by the end of this year, and remains committed to replacing internal combustion engines globally with battery-electric and fuel cell electric powertrains and related software.
Daimler Truck, Volvo to Make Fuel Cells in Europe in Joint Venture
FRANKFURT, Germany — Germany’s Daimler Truck AG and Sweden’s Volvo Group say they plan to jointly manufacture hydrogen fuel cells for trucks in Europe starting in 2025 and called on European Union policymakers to boost incentives for climate-neutral technologies.
Daimler Truck Appoints Two Key Executives Ahead of Spinoff
Daimler Truck AG announced effective July 1 Andreas Gorbach will lead its new Truck Technology Group.
April 26, 2021Daimler Profit Tops Estimates as China Leads Sales Recovery
Daimler AG reported significantly better first-quarter earnings than analysts expected, driven by strong demand for Mercedes-Benz cars, particularly in China.
Daimler’s Mercedes-Benz to Start Electric Van Production in US in 2023
Mercedes-Benz is bringing production of its new electric delivery van to the U.S. in the second half of 2023, joining a herd of automakers seeking to capitalize on the greening of e-commerce.
Daimler’s Legal Risks Around Emissions Linger Ahead of Revamp
Daimler AG shares have soared since the pandemic forced the Mercedes-Benz maker to postpone its annual shareholders’ meeting around this time a year ago. Its chairman’s swan song still will hit some low notes.
Renault to Sell $1.4 Billion Daimler Stake
Renault SA plans to sell shares in Daimler AG worth about $1.4 billion (1.2 billion euros) to secure funds for its turnaround efforts after a record annual loss.
March 11, 2021Daimler Truck Eyes Profit Rebound, Electric Rig in Spinoff Year
Daimler AG’s truck unit will focus on restoring earnings this year and start producing an electric big rig as it gets ready to separate from the larger Mercedes-Benz luxury-car division after more than a century.
Daimler Truck AG Taps Cummins to Supply All Medium-Duty Engines
Daimler Truck AG and Cummins Inc. announced a global partnership for medium-duty diesel engine development and production, and are considering other potential collaborations.
Torc Robotics Chooses AWS as Cloud Provider
Torc Robotics announced it selected Amazon Web Services Inc. as its preferred cloud provider to handle the scale and speed needed for data transfer, storage and compute capacity as the company prepares to deploy its fleet of next-generation self-driving test trucks in New Mexico and Virginia.
February 19, 2021