Home / Publications / CMS Next / Contributing to climate-neutral transportation
  1. Protection and loyalty: securing valuable trade secrets
  2. Meet our expert: Maria Figueiredo, Partner, Portugal
  3. Meet our expert: Dalia Majumder-Russell, Partner, UK
  4. Digitalisation and innovation
  5. Contributing to climate-neutral transportation
  6. Investing in intelligent automation
  7. Advising on innovative digital project
  8. Supporting climate-resilient businesses
  9. Supercharged ESG: Getting control of the post-COVID agenda
  10. Meet our expert: Adriana Escobar, Partner, Colombia
  11. Meet our expert: Babita Ambekar, Partner, Singapore
  12. Meet our expert: Bridgett Majola, Partner, South Africa
  13. Meet our expert: Lillian Lofty, Partner, Kenya
  14. Meet our expert: Marite Aragaki, Partner, Peru
  15. Meet our other experts
  16. After the pandemic
  17. Digital transformation & sustainability to help overcome COVID crisis
  18. Data and risk: challenges in an uncertain world
  19. Smart living: creating a framework for disruption and innovation
  20. Technology: a unifying force
  21. The green economy: identifying primary risks and key opportunities
  22. The true cost of ESG
  23. Developing markets
  24. Helping our clients grow
  25. Investing in new technologies
  26. Shaping the Energy Transition
  27. Supporting electromobility
  28. Transforming the short-term insurance industry in the East African market
  29. Advising on a EUR 1.1bn Bulgarian gas pipeline procurement
  30. ALPLA expands its global plastic recycling capabilities
  31. CMS advises on first ever European real estate transaction using blockchain
  32. CMS advises on ‘Train Maya’ rail project
  33. CMS helps the BBC launch the streaming service BritBox in the UK
  34. Commerz Real lands the largest deal in its history
  35. Helping Teyliom Hospitality’s expansion in Central and West Africa
  36. Online gambling grows as Gamesys is sold to JPJ Group
  37. Selling the Merkur offshore wind farm
  38. ST Pharm establishes new medical testing and analysis business line
  39. CMS expands in Norway
  40. One woman’s journey to advocating for fair global health
  41. Raising funds for a good cause
  42. CMS Academy adds participants through digital learning
  43. Lupl delivers transformative open industry platform for legal matters
  44. Heike Wagner on women in law

Contributing to climate-neutral transportation

Daimler Truck, one of the largest commercial vehicle manufacturers in the world, has signed a binding agreement to establish a joint venture with the Volvo Group and Traton, a subsidiary of the Volkswagen Group. The aim is to create and operate a high-performance public charging network for battery electric, heavy-duty long-haul trucks and coaches across Europe.

The proposed business, which will be owned in equal parts by the founding parties, will begin operating in 2022 and have its headquarters in Amsterdam. The deal is currently awaiting approval from the relevant authorities.

Within five years, the parties to the agreement intend to set up and operate around 1,700 high-performance green energy charging points on and close to highways as well as at logistic and destination points. To accomplish this, the joint venture is planning to invest a total of around EUR 500 million. The intention is that additional charging points will be installed with public funding. The companies believe that the project is the biggest investment in charging infrastructure for heavy trucks in Europe to date.

An international CMS team headed by lead partner Dr Maximilian Grub advised Daimler Truck on all legal aspects of establishing the joint venture.

Key contact

Dr. Maximilian Grub
Partner
Rechtsanwalt
Stuttgart
T +49 711 9764 322