He Built Electric Trucks — Then Raised €22M to Fix the Grid Bottleneck | Decade Energy
In this episode of NET-0, I speak with Carl-Magnus Norden, co-founder of Volta Trucks and co-founder of Decade Energy. After building one of Europe’s pioneering electric truck companies, Carl-Magnus is now working on the real bottleneck behind truck electrification: getting enough power to the depot. Decade Energy recently raised €22 million to scale Europe’s depot power infrastructure. The company develops and operates energy systems at logistics depots, combining grid access, battery storage, charging infrastructure, solar and software to help fleets electrify without waiting years for grid upgrades. We discuss why electric trucks are becoming increasingly viable, but why many depots may need 15 to 30 times more power once fleets electrify. Carl-Magnus shares what he learned from building Volta Trucks, why European OEMs were slow to scale, how China moved faster, and why grid connection is becoming one of the key constraints for transport electrification. We also talk about Decade Energy’s model, the role of BESS in making depot infrastructure bankable, and why electrification is not only about climate, but also about resilience, energy security and reducing Europe’s dependence on oil and gas. 🎧 Listen to the full conversation on Spotify / Apple Podcasts 📩 Subscribe to NET-0: / @net-0_podcast 💡 Learn more: https://decade.energy/ Guest Links Carl-Magnus Norden: / carlmagnusnorden Host Leon Urban: / leon-urban 00:00 Introduction: The Grid Bottleneck Behind Electric Trucks 00:28 How Carl-Magnus Built One of Europe's First E-Truck Companies 03:27 Europe vs China: Why Scaling Electric Trucks Took Longer 05:49 The Real Bottleneck: Truck Prices and Depot Power 08:53 Decade Energy: Turning Depots Into Energy Hubs 15:00 France First: Scaling Decade's Model Across Europe 18:31 Grid Access, BESS and Bankability 22:24 The 2035 Vision: Where Europe's Trucks Are Headed 26:03 Electrification as Energy Security

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