Daimler, Volvo and Traton plan $600 million truck-charging JV


FILE PHOTO: Daimler AG's FUSO Super Great truck is pictured at the 45th Tokyo Motor Show in Tokyo, Japan October 27, 2017. REUTERS/Kim Kyung-Hoon/File Photo/File Photo

FRANKFURT (Reuters) - Three major European truck manufacturers - Daimler Trucks, AB Volvo and Traton - said on Monday they plan to form a joint venture to develop an electric battery-charging network for long-haul trucks and buses.

Charging infrastructure expansion has been a central hurdle to the mass adoption of battery-powered vehicles.

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