The three commercial vehicle manufacturers Daimler Truck, Traton and Volvo Group have signed a memorandum of understanding to build and operate a public high-performance charging network for battery-electric heavy-duty long-haul trucks and coaches in Europe.
According to Daimler, the agreement forms the basis for the establishment of a future joint venture based in Amsterdam, which will be held equally by each of the three parties. The joint venture, which has yet to be named, is expected to begin operations in 2022. The joint venture is expected to operate independently and be able to build on "the founding companies' extensive experience and knowledge in the field of heavy trucks." The final agreement establishing the joint venture is expected to be signed by the end of 2021, subject to regulatory approvals.
The partners initially plan to invest a combined €500 million to establish at least 1,700 high-capacity charging points within five years of the joint venture's formation, near highways and at logistics hubs and unloading points. The charging stations will be powered exclusively by green electricity and will be made available to all users across brands.
Technical details about the planned charging points are not clear from the announcement - charging standard, charging power and also the planned size of the charging parks are therefore unclear. It is only hinted that the partners want to consider different use cases "as part of a customer-centric approach" - i.e. both charging during the legally prescribed 45-minute rest period for drivers and slower charging overnight.