For the fifth consecutive year, Volvo Trucks has maintained its position as the market leader in Europe’s heavy electric truck sector, holding a 47% share. In 2024, 1,970 Volvo electric trucks were registered across Europe, with Germany, the Netherlands, Sweden, Norway, and Switzerland emerging as the top markets. Volvo has also strengthened its presence in North America, securing over 40% of the heavy electric truck market in the region.

Volvo Trucks President Roger Alm expressed pride in the company’s role in driving the shift towards zero-emission transport. He highlighted Volvo’s expanding electric truck range, which caters to regional, urban, and construction transport. A new model capable of travelling up to 600 kilometres on a single charge is set to be introduced soon. Alm also extended gratitude to transport firms investing in sustainable solutions, as well as to Volvo’s dealers, suppliers, and employees who support the transition.

Since beginning serial production of electric trucks in 2019, Volvo Trucks has expanded its range to eight models, delivering over 4,800 units worldwide. The company’s electric fleet has now covered more than 140 million kilometres in real-world operations, significantly reducing emissions for customers in various regions.

However, with electric trucks making up just 1.3% of Europe’s total truck market, further action is needed. Alm stressed that widespread adoption depends on improving charging infrastructure, reducing operating costs, and implementing supportive policies. He emphasised the need for 40,000 fast chargers along European roads to accommodate a projected 400,000 electric trucks by 2030. Volvo is actively engaging with stakeholders to accelerate the transition to a sustainable transport future.