Three truck makers sign joint venture agreement for European high performance charging network

Three truck makers sign joint venture agreement for European high performance charging network

Daimler Truck, the Traton Group and Volvo Group have signed a binding arrangement to make a joint venture (JV) to install and run a superior effectiveness public charging network for battery electrical, significant duty prolonged haul trucks and coaches across Europe.

The JV generation is matter to regulatory approvals.

The prepared JV, to be similarly owned by the three functions, is scheduled to start off functions in 2022 adhering to completion of all regulatory acceptance procedures. The functions are collectively committing to devote EUR500m.

The program is to install and run at the very least 1,700 superior effectiveness eco-friendly electricity charging factors on and close to highways as properly as at logistic and destination factors in just 5 several years of the institution of the JV. The selection of charging factors is with time intended to be elevated noticeably by in search of more associates as properly as public funding. The future JV is prepared to run beneath its have corporate identification and be based mostly in Amsterdam, Netherlands. The future JV will be ready to develop on the wide knowledge and knowledge of its significant duty trucking founding associates.

The future JV will act as catalyst and enabler for realising the European Union’s Inexperienced Offer for carbon-neutral freight transportation by 2050 equally by offering the necessary infrastructure and targeting eco-friendly electricity at the charging factors.

The joint venture addresses the urgent require for a superior-effectiveness charging network to guidance truck operators with their transition to CO2-neutral transport methods, primarily in significant duty prolonged distance trucking. Large-effectiveness charging infrastructure enabling prolonged-haul trucking is a price tag effective way in the direction of considerable, quickly to realise emission reductions. This initiative is viewed as a considerable start off and an accelerator to make CO2 neutral significant trucks and coaches a achievements.

The three associates see this as a breakthrough for the transport industry to reduce carbon emissions and for other industries to advantage in numerous strategies. A recent industry report is contacting for up to fifteen,000 superior-effectiveness public and destination charging factors by no afterwards than 2025, and up to fifty,000 superior-effectiveness charging factors by no afterwards than 2030.

By focusing on customers’ desires, various apps will be taken into thought. Battery electrical auto fleet operators will be ready to leverage equally quickly charging personalized to the forty five-moment necessary rest period in Europe focusing on prolonged-distance transport and also overnight charging.