GOTHENBURG, Sweden, Sept. 14,
2022 /PRNewswire/ -- As the first global truck
manufacturer to do so, Volvo Trucks is now starting series
production of heavy electric, 44 tonne* trucks.
Volvo Trucks is beginning series production of the electric
versions of the company's most important product range, its
heavy-duty trucks: Volvo FH, Volvo FM, and Volvo FMX. These trucks
can operate at a total weight of 44 tonnes* and the three models
represent around two thirds of the company's sales.
With these new additions, Volvo Trucks has six electric truck
models in series production globally – the broadest electric truck
line up in the industry.
"This is a milestone and proves that we are leading the
transformation of the industry. It's less than two years ago since
we showcased our heavy electric trucks for the very first time. Now
we are ramping up volumes and will deliver these great trucks to
customers all over Europe," and
later on also to customers in Asia, Australia and Latin
America," says Roger Alm,
President of Volvo Trucks.
Series production of Volvo's heaviest electric trucks will start
in the Tuve factory in Gothenburg,
Sweden and next year the factory in Ghent, Belgium will follow. Volvo produces the
electric trucks on the same line as its conventional trucks, which
gives high production flexibility and efficiency gains. The
batteries are supplied by Volvo Trucks' new battery assembly plant
in Ghent.
The demand for electric trucks is rapidly increasing in many
markets, with one driving force being the need for transport buyers
to shift to fossil-free transports in order to meet their
sustainability goals. Volvo Trucks' electric portfolio could
cover around 45% of all goods transported in Europe today.**
"We have sold around 1,000 units of our heavy electric
trucks and more than 2,600 of our electric trucks in total. We
expect volumes to increase significantly in the next few years. By
2030, at least 50 percent of the trucks we sell globally should be
electric," comments Roger Alm.
Volvo Trucks' electric line-up of six truck models covers a wide
range of applications such as city distribution and refuse
handling, regional transport, and construction work.
*Gross Combination Weight (GCW)
**According to Eurostat statistics "Road Freight Transport by
distance" (2018), 45% of all goods transported on road in
Europe travel a distance of less
than 300 km.
September 14, 2022
For further information, please contact:
Jan Strandhede
Media Relations Director, Volvo Trucks
jan.strandhede@volvo.com
+46 31 3233715, +46 765 533715
Caption: As the first global truck manufacturer to do so,
Volvo Trucks is starting series production of heavy electric, 44
tonne* trucks.
Volvo Trucks supplies complete transport solutions for
discerning professional customers with its full range of medium-
and heavy-duty trucks. Customer support is provided via a global
network of dealers with 2,200 service points in about 130
countries. Volvo trucks are assembled in 13 countries across the
globe. In 2021 approximately 123,000 Volvo trucks were delivered
worldwide. Volvo Trucks is part of the Volvo Group, one of the
world's leading manufacturers of trucks, buses, construction
equipment and marine and industrial engines. The group also
provides complete solutions for financing and service. Volvo
Trucks' work is based on the core values of quality, safety, and
environmental care.
For more information, please visit volvogroup.com
For frequent updates, follow us on Twitter: @volvogroup
The Volvo Group drives prosperity through transport and
infrastructure solutions, offering trucks, buses, construction
equipment, power solutions for marine and industrial applications,
financing and services that increase our customers' uptime and
productivity. Founded in 1927, the Volvo Group is committed to
shaping the future landscape of sustainable transport and
infrastructure solutions. The Volvo Group is headquartered in
Gothenburg, Sweden, employs almost
95,000 people and serves customers in more than 190 markets. In
2021, net sales amounted to SEK 372
billion (EUR 37 billion).
Volvo shares are listed on Nasdaq Stockholm.
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