In February this year, Volvo Trucks announced its sales data. As the leader in the European heavy-duty truck market, the brand's sales in the European market reached a record high in 2024, with a market share of 17.9%.

This achievement fully demonstrates customers' recognition of Volvo Trucks' outstanding performance in fuel efficiency, safety and attendance. In particular, the new FH Aero heavy-duty truck launched in 2024 is favored by customers for its electric, natural gas and diesel power systems and carbon reduction performance.

Today, with the help of new heavy-duty truck products, Volvo Trucks achieved market share growth in 25 countries around the world in 2024. In the future, Volvo Trucks will continue to focus on business growth based on the comprehensive update of its global product portfolio, and launch a new platform to promote continuous cost reduction, quality improvement and efficiency improvement in logistics and transportation.

In April, Volvo announced that it had reached an important milestone - it had delivered more than 5,000 pure electric trucks to customers in 50 countries around the world. At present, Volvo has 8 electric truck models in production, and its leading position in the field of electric trucks is becoming more and more solid.

Since the launch of the first electric truck in 2019, Volvo electric trucks have been commercially operated in 50 countries around the world, with a cumulative mileage of over 170 million kilometers. The widespread use of Volvo electric trucks not only significantly reduces carbon dioxide emissions and road noise, but also greatly improves and optimizes the working environment of drivers through quiet and smooth driving characteristics.

"We are encouraged to see that transportation companies continue to actively adopt electric trucks in a variety of transportation scenarios and fully benefit from their advantages." Roger Alm, President of Volvo Trucks Global, said, "Our pure electric solutions have been applied on a large scale, providing customers with both commercial value and more sustainable transportation options. Many customers also purchase from us again to expand their electric truck fleets. "

Volvo's electric truck product matrix now covers multiple scenarios such as urban and inter-city distribution, construction projects, and garbage collection. Its top five electric truck markets are Germany, the Netherlands, the United States, Norway, and Sweden.

Electrification technology accumulation

As a pioneer in the field of electric trucks, Volvo has accumulated unique expertise in zero-emission electric transportation. The advantages of electric trucks are not only reflected in environmental protection - drivers can also clearly feel that the working environment has been greatly improved, and noise and vibration have been greatly reduced. In addition, Volvo has also accumulated rich professional capabilities in optimizing the use of renewable energy, financial policies for electric trucks, charging, and maintenance.

Three A three-pronged approach to promote net zero emissions

Volvo Trucks adopts a three-pronged technology strategy to promote the decarbonization of the logistics and transportation industry, aiming to achieve the net zero emission target by 2040. The strategy is based on three major technology paths: pure electric, fuel cell electric, and internal combustion engine technology using renewable fuels. Renewable fuels include green hydrogen (produced by decomposing water into hydrogen and oxygen through renewable electricity), biogas (bio-liquefied natural gas), biodiesel, and hydrogenated vegetable oil (HVO).

Volvo adheres to the goal of green emission reduction and has set an example as a pioneer in protecting the environment. It is also hoped that other car companies can continue to make efforts and deepen research on the road of green environmental protection.

Categories: vehicles