Gothenburg, Sweden- Volvo trucks AB., of Sweden has signed an letter of intent to sell 1000 electric trucks to Holcim, a Swedish building material company. Volvo has agreed to supply the numbers by the year 2030.
Holcim plans to deploy electric trucks for its operation by replacing the older Volvo FH diesel trucks with Volvo’s electric FH and FM variants to markets including France, Germany, Switzerland and the UK during the fourth quarter of 2023 and throughout 2024.
By this initiative, both the companies estimate to reduce emission of 50,000 tones of CO2 every year.
Martin Lundstedt, President & CEO Volvo Group says that “Long-term collaboration and a strong commitment to really make a difference are essential for making big CO2 reductions a reality. I’m very proud of the partnership we have developed with Holcim, and the results we are achieving together.”
Jan Jenisch, Chairman and CEO of Holcim commented, “The net-zero transition requires deep collaboration across value chains. We are excited to be partnering with Volvo to decarbonize our European operations’ logistics with electric fleets, advancing our goal to reach 30% of zero-emission heavy-duty trucks by 2030.”
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