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    Daimler Truck joins with NextEra Energy Resources and BlackRock Renewable Power to create EV Charging network

    Feb. 2, 2022
    The initial funding of $650 million will be divided equally among the three firms. The JV intends to build the charging sites for medium- and heavy-duty battery electric and hydrogen fuel cell vehicles along critical freight routes
    Image credit Daimler Trucks North America
    Daimler's electric commercial fleet vehicles.
    Daimler's electric commercial fleet vehicles.

    Electric trucks maker Daimler Truck North America, electricity supplier NextEra Energy Resources and operator of a renewable power equity investment platform, BlackRock Renewable Power, have signed a Memorandum of Understanding to form a joint venture to design, develop, install and operate an EV charging network in the U.S.

    The JV intends to build the charging sites for medium- and heavy-duty battery electric and hydrogen fuel cell vehicles along critical freight routes on the east and the west coasts and in Texas by 2026. The firms will leverage the existing infrastructure and amenities and add complementary greenfield sites to build the infrastructure. The sites will also be available for light-duty vehicles.

    The initial funding of approximately $650 million for the charging infrastructure project will be divided equally among the three parties. Construction of the first sites is expected to start in 2023.

    Daimler Truck CEO Martin Daum said, “Whether in the U.S. or in Europe, these kind of collaborations are essential to successfully tackle the urgent need for zero emission vehicles. Daimler Truck North America, together with its two new allies, is taking the wheel and paving the way for a nationwide infrastructure for battery-electric and hydrogen-powered commercial vehicles in the U.S.”

    The planned JV is the latest in the line of partnerships which Daimler Trucks has joined. The firm already collaborates with Shell, BP and TotalEnergies in the EV charging or hydrogen refueling infrastructure space.

    It also has partnerships with Siemens Smart Infrastructure, ENGIE, EVBox Group and PowerElectronics in battery-electric charging and a planned JV with the TRATON GROUP and Volvo Group for a high-performance charging network. 

    About the Author

    EnergyTech Staff

    Rod Walton is senior editor for EnergyTech.com. He has spent 14 years covering the energy industry as a newspaper and trade journalist.

    Walton formerly was energy writer and business editor at the Tulsa World. Later, he spent six years covering the electricity power sector for Pennwell and Clarion Events. He joined Endeavor and EnergyTech in November 2021.

    He can be reached at [email protected]. 

    EnergyTech is focused on the mission critical and large-scale energy users and their sustainability and resiliency goals. These include the commercial and industrial sectors, as well as the military, universities, data centers and microgrids.

    Many large-scale energy users such as Fortune 500 companies, and mission-critical users such as military bases, universities, healthcare facilities, public safety and data centers, shifting their energy priorities to reach net-zero carbon goals within the coming decades. These include plans for renewable energy power purchase agreements, but also on-site resiliency projects such as microgrids, combined heat and power, rooftop solar, energy storage, digitalization and building efficiency upgrades.