Daimler Truck North America (DTNA), NextEra Energy Resources and BlackRock Alternatives announced the Greenlane project, a 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.
"Greenlane is designed to begin to tackle one of the greatest hurdles to the trucking industry's decarbonization -- infrastructure," says John O'Leary, president and chief executive officer of DTNA. "The nation's fleets can only transform with the critical catalyst of publicly accessible charging designed to meet the needs for medium- and heavy-duty vehicles. Together with our strong partners, BlackRock and NextEra Energy Resources, we are launching Greenlane to address the unique demands of the industry, support our mutual customers, and provide a dual benefit to all electric vehicle drivers who will be able to utilize this new network. We're excited to take this next step and look forward to sharing more of Greenlane's plans in the future."
The more than $650 million joint venture's first site will be in southern California. It will feature a custom reservation platform for fleet managers, dispatchers and drivers. The network of charging sites will be built on critical freight routes along both coasts and in Texas, the companies said.
Greenlane's initial focus will be on battery-electric medium- and heavy-duty vehicles, then hydrogen fueling stations for fuel cell trucks with plans to expand access to light-duty vehicles.
"As a publicly available charging network developed to serve medium- and heavy-duty commercial fleets, Greenlane serves as a critical infrastructure need for its customers utilizing newly developed charging and energy management software solutions, while powered by renewable energy," says Rebecca Kujawa, president and CEO of NextEra Energy Resources. "Greenlane represents an important investment, leveraging NextEra Energy Resources' market leading experience in energy, analytics and infrastructure development to deliver end-to-end networking charging solutions through our NextEra Mobility subsidiary."
The companies will name Greenlane executive leadership and give groundbreaking details soon.
"Greenlane provides an exciting opportunity to partner with key players in the energy transition and bring institutional capital to the growing sector," says Global Head of Climate Infrastructure David Giordano with BlackRock Alternatives. "We are thrilled to be taking the next step in this joint venture with NextEra Energy Resources and Daimler Truck North America and to install the charging network across key freight routes in the United States."