Daimler Truck Accelerates Hydrogen Truck Production Amid Market Headwinds

Daimler Truck announces limited production of hydrogen trucks for late 2026, maintains €3.2-3.7B EBIT guidance despite market pressures and cost focus.

Daimler Truck is accelerating its push into alternative drivetrains, announcing a limited production run of hydrogen-powered trucks for late 2026. This technological advancement comes as the commercial vehicle manufacturer navigates a challenging market environment characterized by high industry inventory levels and US import tariffs, placing a premium on operational efficiency.

Financial Targets Hold Firm Despite Sector Pressures

The company is maintaining its financial guidance for the full year 2026, projecting an adjusted EBIT of between €3.2 billion and €3.7 billion. Management anticipates a stronger second half, expecting cost-saving initiatives to take effect and order intake to recover in line with forecasts in the coming months. This confidence persists even as the market introduction coincides with a difficult economic phase. A subdued start to the 2026 production year and significant pricing pressure are impacting business. To protect profitability, especially in the crucial North American market, Daimler Truck is implementing strict cost reductions and targeted price adjustments.

Next-Generation Hydrogen Truck Promises Extended Range

The initial plan involves delivering 100 units of the Mercedes-Benz NextGenH2 truck to customers from the end of 2026. This model utilizes liquid hydrogen and is designed to achieve a range of well over 1,000 kilometers on a single tank. The vehicle combines advanced fuel cells from cellcentric with proven components from the battery-electric eActros 600, such as the integrated e-axle and aerodynamic cab. Company leadership views hydrogen technology as an indispensable pillar of the industry-wide transition, alongside pure battery-electric powertrains.

Share Price Reflects Mixed Sentiment

This complex backdrop has recently led to slight declines in the company's share price. On Friday, the stock closed trading down 1.65 percent at €40.47. This movement pushed the shares just below their 50-day average of €41.90, though the equity has still managed to hold onto a gain of approximately 7.7 percent since the beginning of the year.