Presently, in Europe, three truck makers battle for supremacy: Daimler, Volkswagen’s Traton, and Volvo. Generally enemies in all things commercial, the three just announced a mammoth partnership aiming to come up with just that—a charging infrastructure for trucks.
The trio of companies announced the creation of an Amsterdam, Netherlands-based joint venture (JV) that should begin operations next year. The JV will be equally owned by the three and funded with €500 million (almost $600 million) to install at least 1,700 charging points, within five years, in close vicinity of highways and at logistics and destination points.
According to the agreement, the stations should allow operators of electric haulers to recharge their batteries both during the 45-minute mandatory rest period in Europe, but also overnight.
Mind you, this is only the beginning, as the companies also announced their intention of attracting more partners and money into the idea, with the goal of becoming one of the pillars in Europe’s plan of achieving carbon neutrality in the truck segment by 2050.
For now, no indication of charging rates was given. Also, Daimler, Traton, and Volvo say that even if they are now partners in this field, they will remain competitors in all others.