Volvo, Daimler and Traton plan European electric charging network
Volvo Group, Daimler Trucks, and Traton, one of Europe’s three largest truck manufacturers, plans to deploy an ultra-fast charging network dedicated to transport vehicles and coaches to accelerate the transition to the electrical era. .. On Monday, the group announced a joint venture aimed at raising public funding for the project by investing EUR 500 million in 1,700 chargers. The transportation industry estimates that by 2030, 50,000 chargers will be needed across Europe.
Traton CEO Matthias Grundler told the Financial Times on Monday. Martin Lundstedt, Chief Executive Officer of Volvo Group, said: “To achieve this transition, we need a reliable public network, not just vehicles.” Europe’s six largest truck makers promised to remove contaminated diesel models from their lineup last year By 2040However, the challenge of decarbonizing the heaviest vehicles on the road is important.
Vehicle weight and mileage mean that you need to install a huge number of batteries or charge them more often. This poses a problem for the logistics and transportation industry, which relies on minimizing downtime and running costs. Part of the industry uses hydrogen technology.
Hydrogen technology has a longer refueling distance than battery power. However, most of the sector also expects to adopt battery technology. Charging points assisted by Daimler Trucks, Volvo Group, and Traton, the VW-assisted owner of Scania and Mann, are located near the freeway and destination hubs.
Both companies aim to have their site ready by 2027. Charging speeds range from 50 kW for night stops up to 750 kW, which is fast enough to charge the truck’s battery during a 45-minute driver break. The three companies are still awaiting regulatory approval for the use of 750kW chargers, the three CEOs told FT.
They also added that the local power grid needs to be upgraded to accommodate such charging speeds. The deal reflects a deal in which several automakers such as VW, BMW, Daimler and Ford are working together to invest in an ultra-fast charging station for cars across Europe called Ionity. Truck makers said on Monday that there was an “urgent need for a high-performance charging network to support truck operators.”
By the end of the decade, ACEA, the European lobby group of the industry, estimates that 50,000 high-performance chargers will be needed just for heavy vehicles. “Achieving climate neutrality by 2050 is a joint goal of European truck manufacturers,” said Martin Daum, chief executive officer of Daimler Trucks. “But building the right infrastructure is closely tied to placing CO2-neutral trucks on the road. “The second step should be the EU’s strong involvement in the complete scale-up of the charging network across Europe,” he added.
Last week, Daimler, the world’s largest truck maker, announced the first Mercedes long-range electric truck, the eActros. However, the German group warned that vehicle demand was modest in the short term and total cost of ownership lags behind current models in some markets. Launched in October in 12 European countries, the truck “is about three times more expensive than before. [combustion engine] Andreas von Wallfeld, Global Sales Head of Mercedes’ Trucks Division, said:
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