Volvo Group and Pilot Company to create partnership for charging network in North America

Rhea-AI Summary

The Volvo Group has signed a Letter of Intent with Pilot Company to develop public charging infrastructure for medium- and heavy-duty electric vehicles in North America. This strategic partnership aims to combine Volvo's expertise in electric trucks with Pilot's extensive travel center network, enhancing the availability of high-performance charging stations.

The initiative seeks to alleviate range anxiety for electric truck customers and supports their decarbonization efforts, positioning both companies at the forefront of sustainable transport solutions.

Positive

• Strategic partnership with Pilot Company enhances charging infrastructure for electric vehicles.
• Addresses range anxiety for potential electric truck customers, boosting market adoption.
• Leverages Pilot's extensive network of over 750 locations across North America.

Negative

• None.

GÖTEBORG, Sweden, Nov. 15, 2022 /PRNewswire/ -- The Volvo Group and North American-based Pilot Company have signed a Letter of Intent for the development of public, high-performing charging infrastructure for medium- and heavy-duty electric vehicles.

The partners intend to enter a strategic partnership that will combine the Volvo Group's market leadership and experience in medium- and heavy-duty battery-electric trucks and charging solutions with Pilot Company's extensive network of more than 750 Pilot and Flying J locations across North America to install high-performing charging infrastructure.

Pilot Company intends to install high-performance charging infrastructure at selected Pilot and Flying J travel centers across the U.S. and will be open to medium- and heavy-duty vehicles of all brands.

The Volvo Group and its commercial truck brands in North America, Volvo Trucks and Mack Trucks, will identify selected Pilot and Flying J locations to be prioritized for high-performance charging, based on customer and driver needs, current and anticipated battery-electric truck density, and the availability of public funding to support infrastructure costs. 

Partnership is the new leadership
This initiative will provide customers of any commercial truck brand the necessary peace of mind to consider adopting electric trucks, eliminating range anxiety and give the prerequisites for the North American fleet customers to meet their environmental goals on their decarbonization journeys.

The intended partnership places the Volvo Group and Pilot Company at the forefront of accelerating electrification and developing sustainable and reliable transportation solutions in North America for generations of battery-electric trucks to come.

November 15, 2022

Journalists wanting further information, please contact:
Claes Eliasson, Volvo Group Media Relations, +46 76 553 72 29

For more information, please visit volvogroup.com
For frequent updates, follow us on Twitter: @volvogroup

The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers' uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 95,000 people and serves customers in more than 190 markets. In 2021, net sales amounted to SEK 372 billion (EUR 37 billion). Volvo shares are listed on Nasdaq Stockholm.

The following files are available for download:

https://mb.cision.com/Main/39/3667328/1671359.pdf	221115-volvo-group-volvo-group-and-pilot-company-to-create-partnership-for-charging-network-in-north-america-en
https://news.cision.com/ab-volvo/i/volvogrouppilotcompany-1860x1050-2,c3114263	VolvoGroupPilotCompany 1860x1050 2

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SOURCE AB Volvo

FAQ

What did the Volvo Group announce on November 15, 2022?

Volvo Group announced a partnership with Pilot Company to develop charging infrastructure for electric vehicles in North America.

How will the Volvo Group's partnership with Pilot Company impact electric truck adoption?

The partnership aims to alleviate range anxiety, making it easier for customers to adopt electric trucks.

What is the goal of the Volvo Group and Pilot Company's partnership?

The goal is to create high-performance charging stations to support medium- and heavy-duty electric vehicles.

How many locations will Pilot Company install charging infrastructure?

Pilot Company plans to install charging infrastructure at selected locations of its over 750 travel centers.

What benefits does the partnership provide for electric truck customers?

It provides peace of mind by reducing range anxiety and supporting customers' environmental goals.