Courtesy of Volta Trucks.
The announcement comes at a time of increasing societal focus on climate change and air quality improvements, with many cities implementing low or zero emission zones. For example, diesel engine commercial vehicles will be banned from operating in Paris from 2024 as all French cities of more than 150,000 residents adopt new Low Emissions Zones. Volta Trucks’ own independent research suggests that the total global addressable market for full-electric trucks in the 7.5t – 19t category will exceed $100 billion by the end of 2025. With speed to market at the heart of the strategy, Volta Trucks will offer a wide range of full-electric commercial vehicles at a time of scarce supply of comparable full electric vehicles from new start-ups and the established vehicle manufacturers.
Electric startup Volta Trucks to expand model range By Syndicated Content
By Nick Carey
LONDON (Reuters) â Electric truck startup Volta Trucks said on Thursday it will add three new models for inner city zero-emissions deliveries to businesses and raised its sales forecast to 27,000 units annually by 2025.
Company founder Carl-Magnus Norden told Reuters the expanded model range â trucks in the 7.5-tonne, 12-tonne, 16-tonne and 19-tonne weight categories â is based on customer demands to add to its first model, the Volta Zero.
âCustomers have been coming to us asking forâ different sized vehicles, Norden said, âso we have an opportunity to be much more ambitious.â
Volta Trucks aims to sell 27,000 e-trucks by 2025
The EV start-up says it is expanding the portfolio to include a total of four electric trucks.
Volta Trucks widens its product portfolio to include all-electric trucks from 7,5 tons over 12 and 19 tons, building on its 16-ton model. The start-up’s new Road-to-Zero Emissions strategy also details a much-accelerated sales approach until 2025.
Volta Trucks expects sales volumes to reach 27,000 units per year by 2025. The currently envisioned 27,000 units are more than five times the number of vehicles expected to be built than Volta’s original projections. The latter saw the company build 500 units by the end of 2022 and increase production to 5,000 vehicles per year in 2025.
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