He Built Electric Trucks — Then Raised €22M to Fix the Grid Bottleneck | Decade Energy
NET-0 | Inside ClimateTech, Startups & Venture Capital · 2026-05-26 · 31 min
Episode notes
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.