Sweden’s AB Volvo wins its largest electrical truck order to this point


STOCKHOLM, Oct 6 (Reuters) – Volvo Trucks has acquired an order for 100 electrical vehicles from delivery agency DFDS (DFDS.CO), its largest industrial electrical truck order up to now, the Swedish truck maker mentioned on Wednesday.

Volvo Trucks, AB Volvo’s (VOLVb.ST) most important truck model, mentioned the order was one of many largest ever for heavy electrical vehicles worldwide, including that deliveries would begin within the fourth quarter of 2022.

The FM Electric vehicles, which have a variety of as much as 300 kilometres, can be used for each brief and lengthy transport in Europe.

Volvo, which began serial manufacturing of electrical vehicles in 2019, is concentrating on for half of its international truck deliveries to be electrical in 2030.

“We are pleased to see that growing interest among our customers is starting to be reflected in firm orders,” Volvo Trucks President Roger Alm mentioned in an announcement.

A ‘inexperienced’ shift within the transport sector, which generates roughly 1 / 4 of world carbon dioxide emissions, is extensively seen as necessary to assist align with international local weather targets.

Reporting by Helena Soderpalm; Editing by Simon Johnson

A Volvo logo is seen on a rim displayed at a Volvo showroom in Mexico City, Mexico April 6, 2018. REUTERS/Gustavo Graf