Holcim orders up to 1,000 Volvo electric trucks

Volvo Trucks FL Electric (Photo: Volvo Trucks)

Swiss-based building materials company Holcim has placed the biggest commercial order to date for Volvo electric trucks, deploying up to 1,000 by 2030.

Volvo will start delivery of the first trucks in the fourth quarter of this year.

The deal is part of a wider partnership between Holcim and Volvo Group to deploy electric trucks across Holcim’s operations in Europe between now and 2030.

Both companies are founding members of the First Movers Coalition (FMC), a coalition of companies that use their purchasing power to create early markets for innovative clean technologies.

The companies estimate that replacing diesel trucks with electric ones will reduce CO2 emissions from road transport by up to 50% per year.

Jan Jenisch, Holcim chairman and CEO said, “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.”

Martin Lundstedt, president & CEO Volvo Group added, “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.”