Volvo receives record order for 1,000 electric trucks

Volvo Trucks has signed a letter of intent to sell 1,000 electric trucks between now and 2030 to building solution provider Holcim.

The deal is the largest commercial order to date for Volvo electric trucks, and the first 130 trucks will be delivered in 2023 and 2024.

Holcim, which has headquarters in Switzerland, has agreed to plan for the deployment of 1,000 electric Volvo trucks across its operations in Europe over the course of the next seven years, saving some 50,000 tonnes of CO2 per year.

The first 130 electric Volvo FH and Volvo FM trucks will be delivered to markets including France, Germany, Switzerland and the UK during the fourth quarter of 2023 and throughout 2024.

Both companies are committed to the Science-based targets initiative (SBTi), and both are also founding members of First Movers Coalition (FMC) – a coalition of companies that use their purchasing power to create early markets for innovative clean technologies across eight hard-to-abate sectors.

Martin Lundstedt, President and CEO of Volvo Group, said: “Long-term collaboration and a strong commitment to really make a difference are essential for making big CO2 reductions a reality. I’m very proud of the partnership we have developed with Holcim, and the results we are achieving together.”

Jan Jenisch, Chairman and CEO of Holcim, said: “The net-zero transition requires deep collaboration across value chains. We are excited to be partnering with Volvo to decarbonise our European operations’ logistics with electric fleets, advancing our goal to reach 30% of zero-emission heavy-duty trucks by 2030.”

Image courtesy of Volvo Trucks

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