The Swedish truck manufacturer Scania is entering the business with charging stations and electricity for electric trucks.

According to information from Tuesday, the Traton subsidiary has founded a subsidiary that focuses on charging solutions in the depots and logistics centers of truck customers. The Scania manager responsible, Gustaf Sundell, told the Reuters news agency that the aim is to establish 40,000 charging facilities worldwide by 2030. The new company Erinion is initially represented in Sweden, Norway, the UK, the Netherlands, France and Germany and will later expand its services worldwide.

Scania, which belongs to the Volkswagen Group via Traton, is working with a number of partners on charging solutions, said Sundell, and also offers electricity contracts depending on demand. In addition, there are stationary batteries that guarantee the necessary amounts of electricity for charging the trucks, even with weaker power lines. "We have gained experience in this area on a smaller scale in recent years and now want to ramp up the business."

The Swedes hope to generate additional income from the business. Sundell pointed out that the fuel for the trucks accounts for a large proportion of customers' expenditure. So far, this money has ended up with the oil industry. "This is a growth opportunity for us and a good addition for Scania," he emphasized.

Truck manufacturers such as Scania and Daimler Truck have presented electric long-haul trucks and started series production of smaller vehicles for distribution transport. Nevertheless, there are hardly any electric trucks on the roads so far. In addition to the high purchase price for the vehicles, insufficient charging options play an important role. Scania has set itself the target that every second truck sold in Europe will be an electric vehicle by 2030.

(Report by Christina Amann. Edited by Olaf Brenner. If you have any questions, please contact our editorial team at Berlin.Newsroom@thomsonreuters.com (for politics and the economy) or Frankfurt.Newsroom@thomsonreuters.com (for companies and markets)