Volvo claims leadership in global market for heavy electric trucks

Volvo Trucks has sold more than 4,300 electric trucks in over 38 countries; in 2022 the market for above-16 tonnes e-trucks in Europe grew by 200% to 1,041 units, with Volvo holding the highest share.

Autocar Pro News Desk By Autocar Pro News Desk calendar 25 Feb 2023 Views icon4739 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

Last year, the number of heavy electric trucks on the roads in Europe and the United States grew faster than ever before. Volvo Trucks states that it has now sold more than 4,300 electric trucks globally in more than 38 countries. In Europe, Volvo Trucks is the market leader with a 32% share of the market for heavy electric trucks, and in North America, nearly half of all heavy electric trucks registered in 2022 were Volvo trucks.

In 2022 the market for heavy (≥16 tonnes) electric trucks in Europe, grew by 200% to 1,041 trucks, and Volvo Trucks holds the highest share of this market.

“We are determined to lead the electric truck transformation and our market leading position in 2022, not only in Europe, but also in North America and other markets, is proof that we are doing just that. Although, the market for electric trucks is still small, but the trend is clear: many of our customers are now starting their own shift to electric. We intend to be the catalyst for this transition and aim for 50% of our global sales of new trucks to be electric in 2030,” said Roger Alm, President of Volvo Trucks.

Since Volvo Trucks started production of fully electric trucks in 2019, the company has sold more than 4,300 electric trucks in more than 38 countries around the world. Volvo currently offers the industry’s broadest product line-up with six products in series production, catering to a very wide variety of transports in and between cities.

"We now have a product portfolio that can cover most types of transportation for all kinds of customers. Looking at the goods flow patterns, it’s possible to electrify nearly half of all transports with our line-up of electric trucks," remarked Roger Alm. “We see it as our mission to support our customers in making that happen. 

ALSO READ:

Volvo begins deliveries of electric trucks with fossil-free steel to customers

RELATED ARTICLES
Stellantis CEO abruptly steps down: Report 

auther Autocar Pro News Desk calendar02 Dec 2024

Senior Independent Director Henri de Castries said in a statement that divergent views cropped up in recent weeks among ...

Hyundai Mobis targets 40% of global OE sales in auto component manufacturing by 2033

auther Autocar Pro News Desk calendar30 Nov 2024

Hyundai Mobis outlines value-up strategy at CEO Investor Day; focus to be on securing leading technological competitiven...

Range Rover Electric undergoes final-stage testing ahead of 2025 launch

auther Autocar Pro News Desk calendar30 Nov 2024

Land Rover brand's first EV tests in extreme conditions as it approaches a launch next year