Volvo wins record order for electric trucks from Holcim

Published Mon, May 22, 2023 · 03:53 PM

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.

VIEW ALL

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

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here