America’s Big-Truck Charging Gap Has Private Equity’s Attention

Hundreds of millions of dollars in grants awarded by state and federal programs have helped spur an influx of spending to develop EV chargers for the heaviest US trucks, which churn out more than their fair share of emissions but have been some of the slowest to transition away from petroleum-based fuels.

Greenlane Infrastructure LLC — the $675 million joint venture between Daimler Truck North America LLC, NextEra Energy Resources LLC and a BlackRock Inc. fund — just broke ground on the flagship site of the 280-mile commercial charging corridor it’s planning between Los Angeles and Las Vegas. Terawatt Infrastructure Inc., which has raised more than $1 billion from ...