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

Retaliation or escalation? Trust between the U.S. and China is fading fast, analysts say
World

Retaliation or escalation? Trust between the U.S. and China is fading fast, analysts say

Chinese and U.S. flags flutter near The Bund, before U.S. trade delegation meet their Chinese counterparts for talks in Shanghai, China July 30, 2019. Aly Song | Reuters BEIJING — The flare-up in tensions between the U.S. and China over the weekend highlights the deepening mistrust dividing the world’s two biggest economies. In the two […]

Read More
European markets open higher as mining stocks rebound sharply amid new U.S.-China trade spat
World

European markets open higher as mining stocks rebound sharply amid new U.S.-China trade spat

Chinese President Xi Jinping and U.S. President Donald Trump. Dan Kitwoodnicholas Kamm | Afp | Getty Images LONDON — European stocks opened higher on Monday, with mining stocks rebounding as traders kept a close eye on a new trade dispute brewing between the U.S. and China. The pan-European Stoxx 600 was up 0.6% at 8:30 […]

Read More
China September exports beat expectations, imports rise at fastest pace since April 2024
World

China September exports beat expectations, imports rise at fastest pace since April 2024

A cargo ship carries foreign trade containers on the Jiaozhou Bay waterway in Qingdao, Shandong Province, China, on August 5, 2025. Costfoto | Nurphoto | Getty Images China’s exports climbed at the fastest pace in six months in September, while imports logged their strongest gain in more than a year, even as a trade deal […]

Read More