electric/hybrid

Volvo Trucks becomes market leader for heavy all-electric trucks in Europe

Statistics from market analysis group IHS Markit show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42 percent.
Volvo Trucks becomes market leader for heavy all-electric trucks in Europe
Courtesy of Volvo Trucks

In 2021 the company took orders, including letters of intent to buy, for more than 1,100 electric trucks worldwide.

The international trucking industry is undergoing a transformation towards more sustainable transport as sales of heavy battery electric trucks are starting to pick up, with Europe in the lead. An increasing number of heavy all-electric trucks are now running in commercial traffic.

Statistics from the market analysis group IHS Markit show that during 2021 a total of 346 electric trucks (≥16 tonnes) were registered in Europe – an increase of 193 percent from 2020. Volvo Trucks has the largest market share at 42 percent. The countries in Europe with the most electric trucks registered (≥16 tonnes) are Switzerland, Norway, Sweden and The Netherlands.

“We are determined to drive the electric truck revolution and our market leading position in Europe is proof that we are doing just that” said Roger Alm, President of Volvo Trucks. “Even if volumes are still low, we see rapidly growing interest, both in Europe, North America and in other parts of the world. In 2021 we have taken orders, including letters of intent to buy, for more than 1,100 trucks in over 20 countries. I’m convinced it’s becoming a key competitive advantage to offer electric, zero emission transports.”

Volvo Trucks started serial production of electric trucks in 2019, as one of the very first truck brands in the world to do so. When production of the heavy duty all-electric models Volvo FH, Volvo FM and Volvo FMX begins this fall, Volvo will have the most complete electric line up in the global truck industry. Volvo has delivered electric vehicles to a wide range of customers in Europe, North America and Australia. The company’s target is that half of its total truck sales will be electric by 2030.

“Clearly, these numbers show that we’re off to a very good start in sales” added Mr Alm. “With the broader electric truck line up, it will be possible to electrify nearly half of heavy road transports. This proportion will grow even larger as the distance that electric trucks can drive increases and the charging infrastructure for heavy trucks becomes further developed.”

For additional information:

Volvo Trucks

Baterías con premio en la gran feria europea del almacenamiento de energía
El jurado de la feria ees (la gran feria europea de las baterías y los sistemas acumuladores de energía) ya ha seleccionado los productos y soluciones innovadoras que aspiran, como finalistas, al gran premio ees 2021. Independientemente de cuál o cuáles sean las candidaturas ganadoras, la sola inclusión en este exquisito grupo VIP constituye todo un éxito para las empresas. A continuación, los diez finalistas 2021 de los ees Award (ees es una de las cuatro ferias que integran el gran evento anual europeo del sector de la energía, The smarter E).