GM sells out of Michigan battery plant
The firm continues to look to diversify its approach
Gothenburg-based Volvo Trucks delivered 1,977 electric trucks during 2023, an increase of 256pc on the previous year.
As a result Volvo’s share of the electric heavy-duty segment in Europe increased to 47.2pc from 32.3pc last year.
Volvo Trucks has recently expanded its electric range with two new models – the new Volvo FH Aero Electric and the new Volvo FM Low Entry.
The FM Low Entry is specifically designed for urban areas and was launched earlier this year. Volvo also launched a more aerodynamic version of its VH electric truck recently. The company now has a total of eight electric truck models on offer.
“With our latest launches, we strengthen our leading position in the industry. Our electric trucks are in serial production and in commercial traffic – cutting emissions for our customers every day,” says Roger Alm, president of Volvo Trucks.
The company also expanded its regional footprint in 2023, delivering its first heavy-duty electric trucks to Latin America, Morocco, South Korea, and Malaysia.
In 2019 Volvo Trucks became the first global manufacturer to start series production of heavy electric trucks, and the company is aiming for 50pc of global sales of new Volvo trucks to be electric in 2030.
Earlier this year, Volvo launched a new core platform called Volvo VNL that will form the basis of all its new models in North America going forward — including for battery-electric, fuel cell and internal combustion engines.
Electric truck sales represented about 1.2pc of truck sales worldwide in 2022, according to the International Energy Agency.
Daimler dealers
In related news, German OEM Daimler Trucks this week announced a Dealer Certification Program for its electric trucks in North America.
Dealers with the certification can offer training and support to customers on the use of electric trucks.
"Having our dealer network BEV certified benefits the market as a whole. For customers owning or purchasing an electric vehicle in the near term, it is likely their first experience with electrification in the heavy-duty truck space. We see it as our responsibility to support them on their journey,” says Drew Backeberg, Senior Vice President of Aftermarket at Daimler Trucks North America.
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