"It's rewarding to see that transport companies continue to embrace the benefits of electric trucks in a wide range of applications."
"Volvo Trucks has outperformed competitors, showing that customer demand remains strong for electric trucks despite earlier hype surrounding other models."
Volvo Trucks has achieved a major milestone by selling its 5,000th electric truck, highlighting strong customer demand for electric commercial vehicles. The company now offers eight battery-powered models and has a significant market presence across 50 countries, with leading sales in Germany, the Netherlands, the U.S., Norway, and Sweden. In the heavy electric truck segment in Europe, Volvo has maintained a dominant 47% market share for five consecutive years. In North America, they hold over 40% of the market, solidifying their position in the electric trucking industry despite stiff competition.
Read at InsideEVs
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