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Volvo Trucks had 42% market share of heavy-duty electric trucks in Europe in 2021

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New statistics show that Volvo Trucks was the market leader for heavy all-electric trucks in Europe 2021 with a market share of 42%. In 2021 the company took orders, including letters of intent to buy, for more than 1,100 electric trucks worldwide. Volvo Trucks has the largest market share at 42%. Data: IHS Markit.

Volvo 455
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Volvo receives order for up to 1,000 electric trucks from Holcim

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Volvo Trucks has signed a letter of intent to sell 1,000 electric trucks between now and 2030 to Holcim, one of the world’s largest building solution providers. The deal is the largest commercial order to date for Volvo electric trucks; the first 130 trucks will be delivered in 2023 and 2024.

Volvo 350
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Hyundai Motor to expand XCIENT fuel cell truck entry into US market

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Hyundai Motor Company plans to ramp up the US commercial vehicle market entry with XCIENT Fuel Cell trucks. Through the project, also known as Zero-Emission Regional Truck Operations with Fuel Cell Electric Truck, Hyundai Motor will deploy 30 Class 8 6x4 XCIENT Fuel Cell heavy-duty tractors at the Port of Oakland, Calif.,

Hyundai 468
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Hyundai upgrades design and performance of XCIENT fuel cell truck for global expansion

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With the launch of the enhanced model, Hyundai plans to accelerate the global roll-out of its heavy-duty fuel cell truck. Hyundai shipped a total of 46 units of XCIENT Fuel Cell to Switzerland last year. Hyundai also plans to present XCIENT Fuel Cell to the North American market this year.

Hyundai 505
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SK On signs MOU with Global Lithium Resources to bolster key battery materials supply chain

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South Korea-based SK On (SKO), a global EV battery manufacturer, signed a Memorandum of Understanding (MOU) with Australia’s Global Lithium Resources to explore future business opportunities together in regard to stable supply of lithium. Incorporated in 2018, Global Lithium was listed on the Australian Stock Exchange last year.

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Daimler Trucks E-Mobility Group starts global initiative for electric-truck charging infrastructure

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The E-Mobility Group of Daimler Trucks & Buses is launching a worldwide initiative to establish a charging infrastructure for battery-electric trucks. Japan is the next market to follow. The initial focus is on charging stations installed at the depots of truck customers. The first workshops have been taking place for some time now.

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Daimler Trucks & Buses and CATL enter global Li-ion battery cell modules supply agreement for electric trucks

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Limited (CATL) have entered a global battery cell modules supply agreement for electric trucks. The heavy-duty Mercedes-Benz eActros with a range of around 200 km is in intensive customer trials as part of an eActros innovation fleet in Germany and Switzerland with the first customer hand over in 2018.

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