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Home » Commercial Vehicle Giants Invest In European Charging Network
Global News

Commercial Vehicle Giants Invest In European Charging Network

By P&E StaffJuly 13, 20211 Min Read
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The leading European commercial vehicle manufacturers have signed a non-binding agreement to install and operate a public charging network for battery electric, heavy-duty, long-haul trucks and coaches across Europe.

The agreement lays the foundation of a future joint venture (JV) – equally owned by the three parties; the Traton Group with its brands Scania and MAN, as well as Daimler Truck and Volvo Group. The commercial vehicle partners will together invest EUR500m to install and operate at least 1,700 highperformance green energy charging points close to highways as well as at logistic and destination points, within five years from the establishment of the JV.

With time, plans are to increase the number of charging points significantly, by seeking additional partners as well as public funding. The future joint venture is planned to operate under its own corporate identity and be based in Amsterdam, Netherlands.

The joint action addresses the urgent need for a highperformance charging network to support truck operators with their transition to CO2-neutral transport solutions, especially in heavy-duty long-distance trucking. High-performance charging infrastructure enabling long-haul trucking is a cost-efficient way towards significant, fast-to-realise emission reductions.

Commercial Vehicle Electric Trucks Scania

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