.png)
Volvo Trucks' Path to Fleet Profitability with Zero-Emissions Vehicles
Here's the article posted on FleetOwner
- Volvo Trucks is investing in electric and hydrogen-powered trucks to enhance fleet profitability through lower operating costs.
- Volvo Trucks plans to transition its global fleet of 1.2 million vehicles to carbon-neutral technology by 2040
Here are some key insights on this move by Volvo:
- The demand for electric trucks is increasing rapidly, with over 600 electric trucks registered in Europe during the first quarter of 2023, a significant increase from 134 in the same period last year.
- The European Commission has proposed that almost all new trucks and coaches must cut their CO2 emissions by 90% in 2040
- Volvo Trucks has also partnered with Daimler Truck AG to form cellcentric, a joint venture focused on developing and manufacturing fuel cells for heavy-duty vehicles.
