Resilience in Logistics: Daimler Truck and Nel Explore a Hydrogen Future – dynaCERT Bridges the Gap

Daimler Truck is Pushing for Liquid Hydrogen

As an industry leader, Daimler Truck is pursuing a consistent dual-track strategy in which battery-electric drives are used for local transport and hydrogen-based fuel cells are used for heavy-duty long-haul transport. CEO Karin Rådström emphasized that hydrogen plays an indispensable role, as the European power grid cannot bear the load of six million trucks on its own. The company favors liquid hydrogen because it enables a higher energy density, making ranges of over 1,000 km feasible at full capacity. Starting in late 2026, Daimler Truck plans to deploy a small series of 100 GenH2 fuel cell vehicles with selected customers such as the Rhenus Group. The fuel cell stacks are being developed in the cellcentric joint venture with the Volvo Group, with a new pilot production facility in Esslingen preparing for mass production. Despite geopolitical challenges such as US import tariffs, Daimler Truck achieved an adjusted EBIT of EUR 3.8 billion on revenue of EUR 49.4 billion in fiscal year 2025.

Nel ASA Scales Up Its Production Infrastructure

While Daimler Truck develops the commercial vehicles of tomorrow, Nel focuses on providing the necessary production capacities for green hydrogen. As a pioneer in electrolysis technology, the company faces the challenge of making the transition to a profitable mass producer. In the fourth quarter of 2025, Nel recorded a net loss of NOK 870 million due to write-downs, but at the same time, order intake rose by 364% to NOK 686 million. A decisive turning point for global scaling was the partnership with Samsung E&A concluded in March 2025, which enables the company to offer integrated electrolyser solutions for major international projects. According to the company, the market launch of a new alkaline platform is planned for May of this year; this is considered a technological milestone and is expected to reduce investment costs for hydrogen projects by 40 to 60%. Forecasts by the consulting firm McKinsey suggest that green hydrogen could become competitive on a large scale through such economies of scale.

dynaCERT Provides the Bridging Technology for Existing Fleets

In the critical transition phase toward a comprehensive hydrogen economy, dynaCERT plays a special role, as the fleet conversion in the logistics industry will take decades. With its HydraGEN technology, the Canadian company offers a mobile electrolysis unit that splits distilled water into hydrogen and oxygen, which are then introduced into the air intake of existing diesel engines. This process significantly improves combustion efficiency and enables fuel savings of up to 19% as well as a reduction in greenhouse gases of up to 40%. **In times of the current oil price shock, this technology pays for itself for logistics companies almost solely through direct fuel savings—so dynaCERT customers benefit directly.

dynaCERT has also expanded its business model to include the monetization of CO2 credits through its HydraLytica telematics platform, which tracks emissions reductions in real time according to stringent standards of the Verra organization. Following a recent leadership change appointing Kevin Unrath as CEO, the company is now focusing on global commercial scaling, as evidenced by an initial order of 100 units for the Mexican market. Analysts on platforms such as Investing.com assign an average price target of CAD 0.75 for the stock, underscoring the high return potential of this readily deployable bridge technology.

dynaCERT: Is This the Calm Before the Storm?

After years of courting customers, dynaCERT has achieved notable successes time and again in recent quarters. The technology particularly shines when applied to heavy machinery in mining or port facilities. A truck in the Paris-Dakar Rally was also equipped with dynaCERT's technology and reached the finish line without any issues. The stock is currently trading near historic lows, presenting a potential opportunity for speculative investors. If dynaCERT regains momentum, it could emerge as the most promising of the three companies discussed.