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Blackrock, Daimler And Nextera To Launch USD650mn EV Charging Network For Trucks

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  • 08 May 2023
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Blackrock, Daimler And Nextera To Launch USD650mn EV Charging Network For Trucks

Daimler Truck North America (DTNA), NextEra Energy Resources, and BlackRock Alternatives, through a fund managed by its renewable power equity investment platform BlackRock Climate Infrastructure, unveiled Greenlane, the name of their new joint venture to develop and operate a nationwide U.S. EV charging network for commercial vehicles. The launch of the new charging infrastructure venture comes as companies increasingly shift the focus of their decarbonization efforts to their value chains, with transport comprising a significant source of value chain emissions, and as shippers are expected to face growing pressure to meet regulatory pressure to reduce their emissions footprints, including a recent proposal by the Biden administration to introduce strict emissions reductions from trucks over the next several years.

Source: ESGToday