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Toyota Takes Hilux in Surprising New Direction

Summary by BizToc
This article first appeared on GuruFocus. Toyota Motor (NYSE:TM) is broadening its hydrogen strategy with plans to launch a fuel-cell-powered Hilux in Europe in 2028, targeting corporate fleets and leasing companies rather than mainstream pickup buyers. The move matters for investors because…

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·Rio de Janeiro, Brazil
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Following its agreement with Scania, Toyota has now partnered with IVECO. As part of the EU-supported EMPOWER project, they will develop a new generation of heavy-duty hydrogen-powered trucks.

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IVECO and Toyota have joined forces to develop a new generation of hydrogen-powered heavy-duty electric trucks. The collaboration takes place within the framework of the European EMPOWER project and has as its first protagonist the IVECO S-eWay Fuel Cell, promising an autonomy of more than 900 km. The project, financed by the European Union (EU) through the Horizon programme [...] The post IVECO and Toyota have the first hydrogen truck appeared …

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FuelCellsWorks broke the news in Montreal, Canada on Monday, September 14, 2026.
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