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Manija Noori

14/04/2022
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Volta Trucks, the Anglo-Swedish disruptive manufacturer and provider of zero-emissions electric truck services, has officially confirmed the arrival of its Volta Zero in Spain, following its successful Series C funding of €230 million.

 

This 16-tonne commercial vehicle is the first of its kind and was created specifically for urban distribution. The brand new commercial vehicle represents a unique solution for fleet electrification, helping cities become safer and more sustainable for their citizens.

 

Volvo Trucks’ ambition is to reduce 1.2 million tonnes of CO2 emissions by 2025

 

The Swedish company has plans it seems and they are thinking big, aiming to take the large vehicle industry market by storm, worldwide.   This global flavour is pervasive: the Head office is situated in Stockholm, Sweden, with engineering being led from the UK, and there will soon be a manufacturing facility in Austria.   In addition, the company has sales teams across France, Spain, Germany, Italy and the UK, as they work towards delivering their electrical vehicle - a future vision that spans all cities of the world. 

 

Orders are now taking place prior to Volta’s launch. For a monthly fee, customers have access to the full-electric Volta Zero truck, its charging infrastructure, along with all of its servicing, maintenance, insurance and training requirements. While hitting speeds of 90km/h and a payload capacity of up to 8,000 kg, the Volta powertrains look to eliminate around 1.2 million tonnes of CO2 emissions by 2025. From an exterior perspective, the large vehicle has a clean look, embodying the idea of a pollution-free vehicle that is eco-friendly and sustainable. 

 

Volta Zero’s design delivers a low total cost of ownership

 

With its battery-powered engine, the Volta Zero has 90% fewer mechanical parts than the average combustion engine vehicle. This means that Volta Trucks deliver a lower Total Cost of Ownership compared to the typical diesel-powered vehicles. With the sale of new petrol and diesel vehicles set to be banned in 2030, Volta certainly imagines that every business in the transportation industry would like to get their hands on this vehicle.  For these fleet operators, the idea of sustainability and profitability go hand in hand as the perfect incentive for the migration of electric vehicles, benefiting both their business image and reducing world pollution.

 

“We are a revolutionary and innovative player in the field of commercial vehicles, and we are pleased that the successful and oversubscribed conclusion of our Series C funding round demonstrates the confidence placed by new and existing investors in the strategy and track record of Volta Trucks. They are top-level investors who share our vision and trust in the scalability of our business model, the future of commercial electric vehicles and the new value proposition in the commitment to a greener, safer and sustainable city”, says Essa Al-Saleh, the new chairman of Volta Trucks.

 

We all would like to live in a greener, more sustainable world. The innovations of businesses like Volta could make it all the more possible to achieve results that aim to promote sustainable living while fighting climate change. The company plans to increase production over the years. 5,000 vehicles in 2023, rising to 14,000 in 2024, and increasing to 27,000 in 2025.

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