Daimler Truck, BlackRock and NextEra invest USD650 in U.S. charging and hydrogen refuelling infrastructure

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By Luke Willetts - 27th May 2023

Daimler Truck, BlackRock and NextEra invest USD650 in U.S. charging and hydrogen refuelling infrastructure

Greenlane, rendering of the EV charging station in Southern California

USA / Germany – Daimler Truck North America LLC (DTNA) of Portland, Oregon, a subsidiary of Daimler Truck AG, has partnered with NextEra Energy Inc and U.S. hedge fund, BlackRock Alternatives Management LLC to build USD 650 million worth of EV charging and hydrogen refuelling infrastructure across the U.S. for medium and heavy-duty vehicles. The joint venture, aptly named Greenlane, will design, develop, install, and operate a US-wide, EV public charging and hydrogen refuelling network. Whilst sites along major freight highways are currently being purchased, the first site will be in Southern California, with the initial focus being on battery-electric medium and heavy vehicles, followed by hydrogen refuelling stations. Details about specific timelines and Greenlane’s executive leadership team will be announced in the next few months.

John O’Leary, president and chief executive officer of DTNA, said:

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