Sourcing Renewables - January 31, 2022
Daimler Leads Electric Truck Charging Network Venture
Daimler Truck North America, NextEra Energy Resources and BlackRock Renewable Power released Jan. 31 their joint plan to design, develop, install and operate a nationwide charging network for medium- and heavy-duty battery electric and hydrogen fuel cell vehicles.
The three companies completed a Memorandum of Understanding to pave the way for their proposed joint venture, which is planned to kick off in 2022. The initial funding will be approximately $650 million split equally among the three in pursuit of a carbon-neutral transition within freight transportation.
The network would include charging sites on critical freight routes along the east and west coasts and in Texas by 2026. The first phase is expected to begin construction in 2023 and will focus on battery electric medium- and heavy-duty trucks.
Subsequent phases will focus on hydrogen fueling stations for fuel cell trucks, followed by sites for use by light-duty vehicles.
“This planned joint venture, and our collaboration with BlackRock and NextEra Energy Resources, will address the urgent need for a nationwide battery electric and hydrogen fuel charging infrastructure for commercial vehicles to reach shared climate goals,” John O'Leary, president and CEO DTNA, said in a statement. “Our joint investment will act as a catalyst to make a carbon-neutral trucking industry a reality. This project is a critical step toward developing a sustainable ZEV ecosystem across North America, and we look forward to including additional partners as it progresses. We are committed to providing access to this network not only for the DTNA vehicle brands, but also for any manufacturers using predominant industry charging standards and communication protocols.”
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