The Chonkerton

Toyota and Daimler to reduce stakes in Archion, selling shares up to worth $1.87 billion, Nikkei says

business

Toyota and Daimler are reducing their stakes in hydrogen fuel cell company Archion, offloading shares valued at nearly one point eight seven billion dollars, according to Nikkei reporting. The move signals a strategic pivot as major automakers reassess their long-term bets on hydrogen technology.

Source: https://www.channelnewsasia.com/business/toyota-and-daiml...

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