Daimler Truck Financial Services, a provider of financial solutions for commercial vehicles, has teamed up with Electrada, a company specializing in charging infrastructure for electric vehicles, to introduce a Charging-as-a-Service (CaaS) solution. This collaboration aims to assist customers in their transition to sustainable transportation.
The initial phase of this all-in-one charging solution is set to roll out in the first half of 2024, targeting select customers in the United States. While specific details about future developments remain undisclosed, the partnership signifies a significant step toward promoting electric mobility.
Richard Howard, President of Daimler Truck Financial Services USA, outlined the core objectives of their joint offering: “The aim of our joint offering is to provide an all-in-one charging solution at a fixed and predictable monthly rate. The service includes the development, operation, and maintenance of the charging infrastructure and energy contract.” Daimler Truck Financial Services USA already offers a range of battery-electric trucks, including the eCascadia, with plans for the Freightliner eM2 to enter series production in the fourth quarter of this year.
Electrada shares the goal of simplifying the transition to electric drives for customers. CEO Kevin Kushman explained, “Electrada’s aim with the offer is to free customers from ‘capital, performance, and price risk,’ encouraging customers to switch to electric drives.” By offering a comprehensive Charging-as-a-Service solution, the partnership seeks to empower fleets with a complete electric fuel solution, simplifying the transition to sustainable transportation.
Electrada has previously gained recognition for its efforts in the charging infrastructure sector, particularly in 2020 when it collaborated with established charging network FLO to establish a charging network in the US Midwest.
The partnership between Daimler Truck Financial Services and Electrada underscores the growing emphasis on infrastructure support as a critical enabler for the broader adoption of electric commercial vehicles. As the world transitions toward sustainable transportation solutions, such collaborations play a pivotal role in facilitating the shift to cleaner and more efficient mobility.