Apollo, a private equity firm, and Vitol, a multinational energy and commodities company, agreed to invest in WattEV, an industry in heavy-duty freight electrification providing end-to-end solutions to customers through the development of electric charging infrastructure and provisioning of electric vehicle trucks. Financial terms were not disclosed. “By providing the infrastructure, supplies and services to move freight and help fleets transition to cleaner electric energy, WattEV is able to help customers achieve meaningful decarbonization benefits while providing an efficient, effective and economical solution for shippers and carriers across the country. With the support of the Apollo and Vitol teams, we believe we are well positioned to scale our operations and make meaningful change towards a greener future,” Salim Youssefzadeh, WattEV Co-Founder and CEO.