NZ Truck & Driver News

 
Heavyweights to pioneer an electric truck charging network

Heavyweights to pioneer an electric truck charging network

NZ Truck & Driver News

 August 2021   

A consortium of truckmaker heavyweights, comprising the Volvo Group, Daimler Truck and the Traton Group (formerly Volkswagen Truck & Bus) plans to pioneer a European high-performance charging network for heavy-duty electric trucks.

The three have signed a non-binding agreement to install and operate a high-performance public charging network for battery electric heavy-duty long-haul trucks and coaches across Europe. 

The aim is to initiate and accelerate the development of charging infrastructure to enhance customer confidence and to support the EU’s legislated transformation to climate-neutral transportation.

The agreement lays the foundation of a future joint venture, equally owned by the three parties, which is planned to start operations next year. 

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A consortium of truckmaker heavyweights, comprising the Volvo Group, Daimler Truck and the Traton Group (formerly Volkswagen Truck & Bus) plans to pioneer a European high-performance charging network for heavy-duty electric trucks.

The three have signed a non-binding agreement to install and operate a high-performance public charging network for battery electric heavy-duty long-haul trucks and coaches across Europe. 

The aim is to initiate and accelerate the development of charging infrastructure to enhance customer confidence and to support the EU’s legislated transformation to climate-neutral transportation.

The agreement lays the foundation of a future joint venture, equally owned by the three parties, which is planned to start operations next year. 

The parties intend to invest 500million Euros between them to install and operate at least 1700 charging points close to highways, as well as at logistics hubs and destination points, within five years of the establishment of the JV. 

A recent report by ACEA, the European automobile manufacturers association, has called for up to 15,000 high-performance public and destination charging points no later than 2025, and up to 50,000 within five years after.

Therefore, the kick-start of the partners is a call for action to all other industry players, as well as governments and regulators, to work together for a rapid expansion of the necessary charging network. Though the three companies will own equal shares in the planned JV, they emphasise they will continue to be competitors in all other areas.  


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