Volvo Trucks to Supply 1000 Electric Trucks to Swiss Construction Company

Swedish company Volvo Trucks plans to convert more than half of its sold trucks to electric power by the end of the decade, and therefore, the signing of a large contract with Swiss construction corporation Holcim has become an important step for them on this path. Over the next seven years, the manufacturer must supply 1000 electric trucks to this customer, which will become Volvo's largest contract of this kind.

The first batch of 130 electric trucks of the Volvo FH and FM models will be delivered to the customer from the fourth quarter of this year until the end of 2024. The cost of such a contract to the Swiss company is not specified.

Holcim units in France, Germany, Switzerland, and the UK will be the first to receive Volvo electric trucks. In the future, as new batches arrive, the machines will be distributed throughout Europe. The delivery schedule for the remaining 870 machines will be determined jointly with Holcim.

Currently, Volvo Trucks produces electric trucks at three plants in Sweden, France, and the United States, and a plant in Belgium will join this activity in the third quarter of this year. All Volvo trucks supplied under the contract with Holcim will be battery-electric vehicles.

Like most manufacturers of commercial vehicles, Volvo Trucks is considering the possibility of producing trucks with hydrogen fuel cells but hopes to start mass production in the second half of this decade.