Volvo starts off series creation of significant-responsibility electric powered vans, targets 50% of sales by 2030

Volvo starts off series creation of significant-responsibility electric powered vans, targets 50% of sales by 2030


This graphic displays staff at Volvo Trucks’ plant in Sweden.

Volvo Vehicles

Volvo Vans reported Wednesday that manufacturing of three heavy duty electric truck products was now underway, with its president telling CNBC that the information represented “a big second” for the company.

In a assertion, Volvo Vans claimed the electrified Volvo FM, Volvo FMX and Volvo FH automobiles could operate at a excess weight totaling 44 metric tons.

In accordance to the company, the selection for the electric powered FM is up to 380 kilometers, or just over 236 miles. Ranges for the FMX and FH are up to 320 km and 300 km, respectively.

The business explained generation was beginning at a facility in Gothenburg, Sweden. Future 12 months will see generation begin at a site in Ghent, Belgium.

Batteries will be supplied by a Volvo Vehicles plant in Ghent. Volvo Vehicles, which is aspect of the Volvo Team, reported it now had “6 electric powered truck designs in sequence generation globally.”

Read extra about electric vehicles from CNBC Professional

Talking to CNBC on Wednesday morning, Volvo Vans President Roger Alm was bullish about the company’s potential clients going forward.

“We have in fact by now bought 1,000 models of these significant-responsibility electrical vans in advance of the production start,” he said. Elm went on to include that the organization saw “an escalating demand from customers coming in advance of us as very well.”

In remarks printed on his firm’s site, Elm explained that, by the yr 2030, “at least 50 percent of the vans we provide globally ought to be electrical.”

For vans as nicely as automobiles, enough charging alternatives will be vital when it comes to dispelling issues about “assortment anxiousness,” a time period which refers to the notion that electric powered autos aren’t capable to undertake extensive journeys without having getting rid of ability and getting stranded.

Throughout his interview with CNBC, Volvo Trucks’ Alm was requested about charging infrastructure. “Of training course, we need to have to … construct out the infrastructure of the of the charging network, that is extremely crucial,” he mentioned.

Hydrogen hopes

Before this yr, Volvo Vans explained it experienced started to take a look at cars that use “gas cells powered by hydrogen,” with the Swedish agency professing their selection could lengthen to as much as 1,000 kilometers, or a tiny around 621 miles.

In a statement, the company said refueling of the automobiles would take under 15 minutes. Consumer pilots are established to commence in the future couple years, with commercialization “prepared for the latter portion of this 10 years.”

Volvo Trucks’ concentrate on zero-emission systems places it in competitors with organizations like Tesla and Daimler Truck, which are each creating electrical trucks.

Like Volvo Trucks, Daimler Truck is concentrating on both battery-electrical and hydrogen motor vehicles. In March 2021, Daimler Truck and the Volvo Team established up cellcentric, a 50:50 joint enterprise centered around the production of gasoline cells.



Supply

French air traffic controllers’ walkout disrupts early summer season travel
World

French air traffic controllers’ walkout disrupts early summer season travel

Passengers look at the departures information board at Roissy Charles-de-Gaulle airport, outside Paris, on July 3, 2025, as French air traffic controllers launched a two-day strike to demand better working conditions, disrupting travel for tens of thousands of people at the start of a summer holiday season. (Photo by Thibaud MORITZ / AFP) (Photo by […]

Read More
European renewable stocks to watch as Trump’s megabill hangs in the balance
World

European renewable stocks to watch as Trump’s megabill hangs in the balance

Among the myriad details stuffed within U.S. President Donald Trump’s bumper “big beautiful bill,” European investors have been keeping an eye on one in particular — renewable energy policy. Shares of the region’s wind power firms gained on Wednesday after Senate lawmarkers narrowly approved a heavily amended version of the package . The move higher […]

Read More
U.S. payrolls increased by 147,000 in June, more than expected
World

U.S. payrolls increased by 147,000 in June, more than expected

Job growth proved better than expected in June, as the labor market showed surprising resilience and likely taking a July interest rate cut off the table. Nonfarm payrolls increased a seasonally adjusted 147,000 for the month, higher than the estimate for 110,000 and just above the upwardly revised 144,000 in May, the Bureau of Labor […]

Read More