Volvo Trucks is leading the electric trucks market, having sold more than 4300 electric trucks across 38 countries.

In Europe, Volvo Trucks holds a leading 32% share of the market for heavy electric trucks, and in North America, nearly half of all heavy electric trucks registered in 2022 were Volvo trucks.

In 2022, the market for heavy (≥16 tonnes) electric trucks in Europe grew by 200% to 1041 trucks, and Volvo Trucks holds the highest share of this market.

“We are determined to lead the electric truck transformation and our market leading position in 2022, not only in Europe, but also in North America and other markets, is proof that we are doing just that,” said Roger Alm, president of Volvo Trucks.

“Although the market for electric trucks is still small, the trend is clear: many of our customers are now starting their own shift to electric. We intend to be the catalyst for this transition and aim for 50% of our global sales of new trucks to be electric in 2030.”

Since Volvo Trucks started production of fully electric trucks in 2019, the company has sold more than 4300 electric trucks in more than 38 countries around the world. Volvo currently offers the industry’s broadest product line-up with six products in series production, catering to a very wide variety of transports in and between cities.

“We now have a product portfolio that can cover most types of transportation for all kinds of customers. Looking at the goods flow patterns, it’s possible to electrify nearly half of all transports with our line-up of electric trucks,” said Alm. “We see it as our mission to support our customers in making that happen.”