The speculation is over, as Daimler has signed a three-way agreement with Ford and the Renault-Nissan Alliance to jointly develop future hydrogen fuel-cell technology.
The technology, expensive to develop and not without its drawbacks, has been explored by each company in the past, and the agreement brings together 60 combined years and millions of miles of fuel-cell experience.
As recetly as last week, Daimler was said to be in talks with Ford, and the Franco-Japanese duo of Renault and Nissan, over the development of fuel-cell vehicles.
Mercedes-Benz had put development of the B-Class F-Cell, its own fuel-cell vehicle, on hold pending the agreement--reasoning that it couldn't be sold at a competitive price.
The new agreement with Renault-Nissan and Ford will enable each company to share development costs--vital if future fuel-cell vehicles are to remain competitive with those from BMW and Toyota, both of whom recently signed their own tech-sharing deal.