Building European high-performance charging network ‘for all’ – big three truck and coach makers come together
Europe’s biggest truck and coach manufacturers, Daimler Truck (Mercedes-Benz), the TRATON GROUP (Scania, MAN) and Volvo Group sign a joint venture agreement for European high-performance charging network.
As a clear signal towards all stakeholders, the charging network of the three parties will be open and accessible to all commercial vehicles in Europe, regardless of brand.
The three partners see this as a breakthrough for the transport industry to cut carbon emissions — and for other industries to benefit in several ways.
A recent industry report is calling for up to 15,000 high-performance public and destination charging points by no later than 2025, and up to 50,000 high-performance charging points by no later than 2030.
The binding agreement creates a joint venture (JV) to install and operate a high-performance public charging network for battery electric, heavy-duty long-haul trucks and coaches across Europe.
The parties are committed to initiating and accelerating the necessary build-up of charging infrastructure for the increasing number of customers of electric vehicles in Europe and contribute to climate-neutral transportation in Europe by 2050. The JV creation is subject to regulatory approvals.
The parties are together committing to invest €500 million, which is assumed to be by far the largest charging infrastructure investment in the European heavy-duty truck industry to date.
The plan is to install and operate at least 1,700 high-performance green energy charging points on and close to highways as well as at logistic and destination points within five years of the establishment of the JV. The number of charging points is with time intended to be increased significantly by seeking additional partners as well as public funding.