Daimler Truck North America, NextEra Energy Resources and BlackRock Renewable Power Announce Plans To Accelerate Public Charging Infrastructure For Commercial Vehicles Across The U.S.

Daimler Truck North America LLC (DTNA), NextEra Energy Resources, LLC and BlackRock Renewable Power (BlackRock) today announced that they have signed a Memorandum of Understanding (MOU) to lay the foundation for a proposed joint venture (JV) to design, develop, install and operate a nationwide, high-performance charging network for medium- and heavy-duty battery electric and hydrogen fuel cell vehicles in the U.S. With the goal of accelerating the rollout of carbon-neutral freight transportation, start of operations for the future JV is planned for 2022. Initial funding is expected to be comprised of approximately $650 million divided equally among the three parties.