Solar-powered electric truck stop company WattEV adds 3 new members to advisory board

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EL SEGUNDO, Calif. — WattEV, which is developing a network of solar-powered electric truck stops across California, this week announced the appointment of three new members to the company’s advisory board.

The new board members will help grow the company as it expands its public electric truck charging infrastructure and Truck-as-a-Service program. WattEV aims to put 12,000 electric heavy-duty vehicles on the road with supporting infrastructure by 2030.

Its first electric truck stop, under development in Bakersfield, Calif., is expected to open in late 2022, while the first of an order of Class 8 electric trucks for the TaaS program is expected to be delivered at the same time.

“As WattEV heads towards revenue generation in 2023 and expands its operation in the years to come,” said Salim Youssefzadeh, CEO of WattEV. “The addition of these three distinguished professionals will help the company build a strong foundation as it completes its development work.”

New members and their industry expertise include:

Transport sector: Tom Nightingale has spent his entire career in transport. He is currently CEO of AFS Logistics, a leader in supply chain consulting and logistics services. Nightingale is experienced in working with high growth transportation and logistics companies. He previously served as CEO of International Package Shipping, President of GENCO Transportation Logistics (now FedEx Supply Chain), Chief Marketing Officer of Con-way Inc. (now XPO) and Vice President of Marketing for Schneider National. Nightingale also sits on several for-profit and not-for-profit supply chain industry boards.

Technology: Rustam Kocher is a self-described “electric vehicle angel” who “drives in the sun” using solar panels to charge his two electric cars – the same concept used in WattEV’s 21st Century Truck Stop in Bakersfield, which will be a 40 MW solar. charging station for electric trucks. Until recently, Kocher was responsible for the transportation electrification team at Portland General Electric (PGE), Oregon’s largest electric utility, where his team was responsible for operationalizing and scaling of PGE’s electric transportation product portfolio. Prior to joining PGE, Kocher was a founding member of the E-Mobility Group at Daimler Trucks North America, building DTNA’s electric truck and charging offerings from idea to reality. Kocher also led the global Megawatt Charging System (MCS) working group at CharIN, where more than 120 companies, government labs, and agencies worked together to standardize the MCS charging connector that will enable 250-mile range charging for a platform. – fully charged form. in less than 30 minutes.

Project Finance: Prior to beginning his consulting practice, John Schuster worked for 15 years at the US Export-Import (EXIM) Bank as Vice President and Head of the Structured Finance Division, increasing its lending capacity to over $10 billion a year. He led the bank into new sectors such as satellites, renewable energy, mining, nuclear energy and semiconductor manufacturing. Schuster is a project finance expert with over 30 years of experience in the infrastructure finance industry. He has led and advised deal and project teams on more than 200 separate transactions, involving nearly $50 billion in approved project loans for infrastructure projects.

“We are honored to have our three new Board Advisors join our company and guide us on our journey,” said Youssefzadeh. “Our journey involves pioneering work integrating various transport and technology sectors, with project funding providing a key element. Having access to advice from accomplished leaders in each of these areas will be invaluable. »

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