Volvo Trucks has signed a letter of intent to sell 1 000 electric trucks between now and 2030 to Holcim, one of the world’s largest building solution providers. The deal is the largest commercial order to date for the company’s electric rate.
The first 130 electric Volvo FH and FM trucks will be delivered to markets including France, Germany, Switzerland, and the UK, in the fourth quarter of 2023 and throughout 2024.
50 000 C02 saved
By replacing 1 000 existing Volvo FH diesel trucks with Volvo FH Electric trucks using green electricity on a typical route, up to 50 000 tons of CO2 could be saved every year.
Both companies are committed to the science-based targets initiative, which drives ambitious climate action in the private sector, and both are also founding members of First Movers Coalition (FMC), a coalition of companies that use their purchasing power to create early markets for innovative clean technologies across eight hard-to-abate sectors.
The agreement is a result of a wider partnership between Holcim and Volvo Group. “Long-term collaboration and a strong commitment to really make a difference are essential for making big CO2 reductions a reality. I’m very proud of the partnership we have developed with Holcim, and the results we are achieving together,” said Martin Lundstedt, President & CEO Volvo Group.
Jan Jenisch, Chairman and CEO of Holcim: “We are excited to be partnering with Volvo to decarbonize our European operations’ logistics with electric fleets, advancing our goal to reach 30% of zero-emission heavy-duty trucks by 2030.”
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