Volvo electric truck sales skyrocket

Volvo Trucks is celebrating more than 80 million kilometres, or an incredible 2,000 laps around the world, covered by its electric trucks since the first models were launched in 2019.

The OEM says they have helped to reduce its CO2 emissions, while also improving the working environment for drivers using their models significantly.

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Image: Volvo Trucks/Supplied

Roger Alm, president of Volvo Trucks, says their monitoring technology estimates that the same distance with equivalent diesel-powered trucks would have consumed more than 25 million litres of diesel and tailpipe carbon dioxide emissions have been reduced by 68,000 tons.

“I am happy to see how transport companies are embracing the benefits with electric trucks in daily operations,” he says.

“The transport sector represents seven per cent of global carbon emissions and battery-electric trucks is an important tool to reduce the climate footprint. Thanks to many early adopters we can already now see the huge potential with this technology.”

Volvo’s current electric range includes the Volvo FL Electric, FE Electric, FM Electric, FM Low Entry, FMX Electric, FH Electric, FH Aero Electric and the VNR Electric.

It increased its global deliveries of electric trucks by 256 per cent to 1,977 trucks in 2023, and the company says it sees continued interest from customers in the first half 2024.

In Europe, more than half of the electric truck customers chose a Volvo during the first quarter of this year – Volvo’s share of the electric truck segment was 56 per cent. In the United States, it represented 44 per cent of all sold electric trucks.

Volvo has so far delivered more than 3,500 electric trucks to customers in 45 countries on six continents. During 2023, the company expanded its electric truck presence as it delivered its first heavy-duty electric trucks to Latin America, with vehicles going to customers in Brazil, Chile, and Uruguay. Volvo also became the first truck maker to deliver battery-electric heavy trucks in Morocco, South Korea, and Malaysia.

Volvo’s full electric range. (Image: Volvo Trucks/Supplied)

“Not only transport companies but also buyers of transport- and logistic services are signing up to SBTi – Science Based Target initiative – and are starting to demand sustainable transport solutions from their providers,” Alm says.

“This is yet another driver of the shift to electric trucks.”

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