GOTHENBURG, Sweden, MUNICH and STUTTGART, Germany, July 8, 2022
/PRNewswire/ -- Today, the Volvo Group, Daimler Truck,
and the TRATON GROUP completed the final step in forming the
previously announced joint venture for charging infrastructure in
Europe. The new joint venture,
with Anja van Niersen as appointed
CEO, is expected to have a significant role in supporting the
European Union's Green Deal for carbon-neutral freight
transportation by 2050.
As announced last year, the joint venture (JV) plans to install
and operate at least 1,700 high-performance green energy charge
points on, and close to, highways as well as at logistics hubs
across Europe. The parties are
committing to invest EUR500 million
in total, which is assumed to be by far the largest charging
infrastructure investment in the European heavy-duty truck industry
to date.
The JV intends to take a catalyzing role as a charge point
operator (CPO) in the value-chain by installing and managing
charging stations for heavy-duty trucks and coaches. It will be a
self-standing legal entity, operating under its own corporate
identity and based in Amsterdam,
Netherlands. Anja van
Niersen, who will be taking the helm of the new company,
will bring with her a breadth of experience from the energy and
charging industry sector, most recently serving as CEO and later as
Chairman of the Board of a major European electric vehicle charging
network provider.
With a strong customer-driven approach focusing on transport
operators' specific needs, the JV will provide reliable and
accessible high-performance charging stations for all battery
electric heavy-duty vehicle fleet operators.
This kick-start is a call to action to all other industry
players, as well as governments and policymakers, to work together
for a rapid expansion of the necessary charging network as well as
investing in renewable energy in order to reach Europe's climate targets. As a clear signal to
all stakeholders, the charging network initiated by the three
parties will be open and accessible to all heavy commercial
vehicles in Europe, regardless of
brand.
Martin Lundstedt, President
and CEO Volvo Group: "This is a long-awaited and major step
towards achieving the required charging infrastructure for the
roll-out and success of battery-electric long-haul trucks and
coaches. We are making what would be impossible for one actor alone
to accomplish - this strong partnership is a significant milestone
and accelerator towards carbon neutral transport in Europe by 2050."
Martin Daum, CEO Daimler
Truck: "We are very excited to kick off this new joint
venture together with our partners. It is crucial that we are now
taking the initiative for building up the much-needed charging
network. Still, we call on the entire industry to join in our
effort. The number of charge points has to increase significantly
as fast as possible to make electric long-haul trucking a viable
solution for our customers."
Christian Levin, CEO TRATON
GROUP: "To find the best solutions for the climate challenge is
our most urgent priority as an industry and as the TRATON GROUP.
When we talk to customers about electric trucks, they always ask:
where can we charge? To support as fast as possible, we are teaming
up and from today on kick-starting the European charging network.
With Anja van Niersen this JV has a
CEO with a great deal of experience in setting up charging
networks. Anja and her team will support the important journey to
enable further progress of sustainable transport."
The JV team will work quickly to scale up operations and network
deployment to provide reliable and convenient public charging for
heavy-duty vehicles. As the demand for battery electric trucks and
coaches is expected to grow rapidly in the coming years, the team
will work collaboratively across industries to design and build
charging solutions that match the needs of transport companies and
drivers.
More information including the reveal of the brand name will be
available during 2022.
Partners in the joint venture, but competitors in all other
areas
The Volvo Group, Daimler Truck, and the TRATON GROUP will own equal
shares in the JV but continue to be competitors in all other areas.
The three partners signed the joint venture agreement in
December 2021. Since then, the
necessary approvals by the responsible authorities were
obtained.
Previous press releases on the JV:
December, 2021:
https://www.volvogroup.com/en/news-and-media/news/2021/dec/news-4142931.html
July, 2021:
https://www.volvogroup.com/en/news-and-media/news/2021/jul/news-4017125.html
More information about the JV:
www.cvchargingeurope.com
Press contacts:
Claes Eliasson, Volvo Group
Media Relations, +46 31 323 72
29, claes.eliasson@volvo.com
Peter Smodej, Communications Daimler Truck, +49 176
30936446, peter.smodej@daimlertruck.com
Akim Enomoto, Communications
Daimler Truck, +49 176 30995099,
akim.enomoto@daimlertruck.com
Pietro Zollino, Head of Group
Communications, Governmental Relations &
Sustainability, +49 (0) 172 8371 431,
pietro.zollino@traton.com
Matthias Karpstein, Business
Media Relations, +49 172 3603071,
matthias.karpstein@traton.com
Zachary Alfred, Head of
Communications & Marketing, Commercial Vehicle Charging Europe,
+31 85 303 77 77, press@cvchargingeurope.com
July 8, 2022
For more information, please visit
volvogroup.com
For frequent updates, follow us on Twitter:
@volvogroup
The Volvo Group drives prosperity through transport and
infrastructure solutions, offering trucks, buses, construction
equipment, power solutions for marine and industrial applications,
financing and services that increase our customers' uptime and
productivity. Founded in 1927, the Volvo Group is committed to
shaping the future landscape of sustainable transport and
infrastructure solutions. The Volvo Group is headquartered in
Gothenburg, Sweden, employs almost
95,000 people and serves customers in more than 190 markets. In
2021, net sales amounted to SEK 372
billion (EUR 37 billion).
Volvo shares are listed on Nasdaq Stockholm.
About Daimler Truck
Daimler Truck Holding AG ("Daimler Truck") is one of the world's
largest commercial vehicle manufacturers, with over 40 main
locations and more than 100,000 employees around the globe. The
founders of Daimler Truck have invented the modern transportation
industry with their trucks and buses a good 125 years ago.
Unchanged to this day, the company's aspirations are dedicated to
one purpose: Daimler Truck works for all who keep the world
moving. The company is striving to make sustainable transport
a success, with profound technological knowledge and a clear view
of its customers' needs. Daimler Truck's business activities are
structured in five reporting segments: Trucks North America (TN)
with the truck brands Freightliner and Western Star and the school
bus brand Thomas Built Buses. Trucks Asia (TA) with the FUSO and BharatBenz
commercial vehicle brands. Mercedes-Benz (MB) with the truck brand
of the same name. Daimler Buses (DB) with the Mercedes-Benz and
Setra bus brands. Daimler Truck's new Financial Services business
(DTFS) constitutes the fifth segment.
About the TRATON GROUP
With its brands Scania, MAN, Volkswagen Truck & Bus, Navistar,
and RIO, TRATON SE is one of the world's leading commercial vehicle
manufacturers. Its range comprises light-duty commercial vehicles,
trucks, and buses. The Group aims to reinvent transportation - with
its products, its services, and as a partner to its customers. For
TRATON, sustainable economic growth always includes treating people
and nature with respect. The People, Planet, and Performance triad
will shape the future of our Company.
This information was brought to you by Cision
http://news.cision.com
https://news.cision.com/ab-volvo/r/the-volvo-group--daimler-truck-and-the-traton-group-kick-off-european-charging-infrastructure-joint-,c3598661
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SOURCE AB Volvo