The effort to deploy electric trucks in Europe to help the European Union achieve its climate targets has taken a big step forward. Major advertising truck brands Daimler, Volvo and the Volkswagen Traton Group’s truck unit have announced their goal to create an electric vehicle charging joint venture. the deployment of battery-operated trucks in Europe.
The cargo joint venture will be founded in Amsterdam, The Netherlands, and will operate under its own corporate identity. It combines the delight and wisdom of 3 of Europe’s largest trucking corporations and is expected to start operating in 2022.
The 3-part charging network will be open and available to all advertising cars in Europe, regardless of brand.
Truck brands Daimler, Volvo and Traton are making a joint investment of 500 million euros (US$593 million) to install and operate at least 1,700 high-performance green power charging stations strategically located near roads, logistics hubs and destination issues within five years of the joint venture’s creation.
The 3 partners intend to particularly increase the number of shippers by seeking additional partners in the joint venture as well as public investment to expand the project.
The joint venture will comply with the European Union’s Green Agreement for the shipment of zero-carbon goods until 2050 by offering mandatory charging stations with green energy.
Most electric vehicle charging operators in Europe and the United States have focused on electric vehicle charging sites for passenger cars with the phasing out of cars with internal combustion engines. Volvo Cars, for example, plans to sell electric cars until 2030 and all electric ones. vehicle drivers will want a convenient position to charge.
The joint venture of the 3 major truck brands will address the rapid need for a high-performance cargo network to meet the express desires of truck operators, i. e. long-distance Class 8 heavy trucks.
“For the Traton Group, it is transparent that long-term transport is electric. This requires the immediate progression of publicly available charging stations, especially for long-distance heavy transport. We are now moving forward with our partners Daimler Truck and Volvo Group to make this high-performance network a truth as temporarily as possible,” said Matthias Gründler, CEO of Traton Group.
A report published in May through the Association of European Car Manufacturers, which comes with all major truck brands in Europe, calls for up to 15,000 public charging problems and high-performance destinations to be installed across the EU by 2025 at the latest. By the end of the decade, the charging network is expected to present up to 50,000 high-performance load problems for zero-emission cargo delivery.
Daimler Trucks said those ambitious goals are a call to action for all other industry players, as well as governments and regulators, combined for an immediate expansion of the charging network paints needed to help achieve climate goals.
The cargo network will be specially designed to meet the needs of delivery of goods in the EU; for example, operators of electric vehicle fleets will be able to benefit from fast charging adapted to the mandatory 45-minute rest era in Europe. It will also be charged at night.
Volvo Group, Daimler Truck and Traton Group will have an equivalent stake in the planned joint venture, however, the 3 corporations will continue to compete in all other areas.
The creation of the electric vehicle charging network is subject to regulations and approvals and the joint venture agreement is expected to be signed by the end of 2021.
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