In response to the increasing global demand for completely electric trucks and buses, Volvo Group is leading the way toward a sustainable future. In the first quarter of 2023, the Volvo Group shipped 683 electric trucks in total, an increase of 254% year over year (YOY).
The parent company of Volvo, Renault Trucks, Mack Trucks, Nova Bus, and other brands, Volvo Group, continues to be a leader in the development of completely electric heavy-duty vehicles.
The Volvo Group, best known for being the world’s leading manufacturer of trucks, buses, and construction equipment (they also produce marine and industrial engines), has been pushing the automotive industry to new heights with innovations like the three-point safety harness, distinctive designs to increase efficiency, and the first fully integrated sleeper compartment.
The FL Electric, Volvo’s first electric truck, was released in 2019, and it changed the course of the industry in a sustainable way.
Volvo then introduced the more potent VNR Electric, which has a larger battery pack to increase range. Volvo’s inventory now includes three enormous 44-ton heavy-duty electric trucks, giving it the sector’s largest selection of zero-emission commercial options.
The company’s efforts to break new ground are paying off, as deliveries of electric trucks increased by 254% in the first quarter.
deliveries of Volvo Group electrified trucks are increasing
683 totally electric trucks were delivered during the first three months of 2023, according to the Volvo Group’s first quarter figures, which were released on Thursday.
Volvo has seen a steady increase in zero-emission deliveries compared to just 193 deliveries in the first quarter of 2022. Volvo shipped 350 electric trucks, Renault Trucks sent 331 (including 128 heavy and medium-duty vehicles and 203 light-duty vehicles), and Mack shipped a total of two.
The quarter saw an increase in orders for electric trucks of 67% to 825, including Volvo (486), Renault Trucks (324), and Mack (15).
The effects of Volvo Group’s new leadership in the sector are starting to become evident. According to Volvo, demand for its electric lineup is still rising, particularly for municipal buses and trucks.
It’s exciting to see a business actively working towards a sustainable future to achieve its goals. As it strives towards a net-zero value chain by 2040, Volvo Group aspires for 35% of sales to be entirely electric by 2030.