Volvo wins record order for electric trucks from Holcim
VOLVO Trucks said on Monday (May 22) it has signed a letter of intent to sell 1,000 electric trucks to Swiss building solutions provider Holcim for delivery in the next seven years.
“The deal is the largest commercial order to date for Volvo electric trucks,” Volvo said in a statement.
The first 130 trucks will be delivered during the fourth quarter of 2023 and throughout 2024 to markets including France, Germany, Switzerland and Britain, among others.
By replacing 1,000 diesel trucks with electric versions using green electricity could save up to 50,000 tons of carbon dioxide emissions every year, Volvo said. REUTERS
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Telegram messaging service to allow Tether stablecoin payments
Hong Kong regulator to probe PwC auditing role over Evergrande
US: S&P, Dow open flat as Middle East jitters ease, Netflix weighs on Nasdaq
DBS puts 46 retail units, HDB shops on market for S$210 million
China to facilitate Hong Kong IPOs and expand Stock Connect
Global equity funds see surge in outflows as rate cut hopes fade