The Volvo Group, together with Daimler, IVECO, OMV and the oil company Shell, have committed to working together to introduce hydrogen trucks on a large scale in Europe, according to a press release.
The project is called H2Accelerate and the upscaling, which can take up to 10 years, will start with about a hundred trucks per year with the aim of rolling out thousands of trucks annually by the end of the decade.
The companies write that during the entire upscaling phase, they will need support from the public sector. "The members of H2Accelate are expected to work together to seek funding for early pre-commercial projects during the first phase of the launch," it said. "While a growing number of governments and companies are joining the common vision of a non-emission energy system, H2Accelerate companies believe that hydrogen is a necessary fuel to completely remove carbon dioxide from the truck sector," Volvo said in a press release. According to the press release hydrogen-powered trucks are expected to create several new industries.
Hydrogen production facilities, large hydrogen distribution systems, a network of high-capacity liquid and gaseous hydrogen filling stations and the production of hydrogen-powered trucks, are some of the industries which are expected to be created as a result