Daimler Truck North America, NextEra Energy, BlackRock Plan To Build Network Of Charging Sites

(RTTNews) - Daimler Truck North America, NextEra Energy Resources, and BlackRock Renewable Power have signed a MOU to lay the foundation for a proposed joint venture to design, develop, install and operate a nationwide charging network for medium- and heavy-duty battery electric and hydrogen fuel cell vehicles in the U.S. Initial funding is estimated to be comprised of approximately $650 million.

The companies said the initial focus will be on battery electric medium- and heavy-duty vehicles followed by hydrogen fueling stations for fuel cell trucks. They plan to build a network of charging sites on critical freight routes along the east and west coasts and in Texas by 2026.