Daimler Truck, NextEra Energy Resources and BlackRock Announce Public Charging Infrastructure JV
Daimler Truck North America, LLC (DTNA), NextEra Energy Resources, LLC and BlackRock Alternatives, through a fund managed by its Climate Infrastructure business, (BlackRock), today announced Greenlane™, the name of their joint venture to design, develop, install and operate a U.S. nationwide, high-performance zero-emission public charging and hydrogen fueling network for medium- and heavy-duty battery-electric and hydrogen fuel cell vehicles. They also unveiled renderings of the site layout as a major milestone in the development of the project.
Greenlane™ addresses the urgent need for a publicly available, nationwide electric charging infrastructure for commercial vehicles, especially for long-haul freight operations, and is a critical step toward developing a sustainable zero-emission vehicle ecosystem across North America.
The more than $650 million joint venture has made significant progress since its inception in 2022. Greenlane’s first site will be in Southern California, and multiple additional sites are being acquired along various freight routes. The joint venture team is collaborating on the necessary infrastructure to holistically deploy the charging network. Dedicated software and hardware teams are working on developing a custom, commercial vehicle reservation platform to provide fleet managers, dispatchers and drivers with an industry-leading customer experience.
The network of charging sites will be built on critical freight routes along the east and west coasts and in Texas. Where synergistic, Greenlane™ will leverage existing infrastructure and amenities while also adding complementary greenfield sites to fulfill anticipated customer demand. Greenlane’s initial focus will be on battery-electric medium- and heavy-duty vehicles, followed by hydrogen fueling stations for fuel cell trucks, with plans to expand access to light-duty vehicles in the future to serve the greater goal of electrifying mobility.
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