Volta Trucks has announced its Road-to-Zero Emissions strategy aiming to decarbonise the logistic industry and to offer cleaner air and safer streets for city centre residents.
This comes at a time of increasing societal focus on climate change and air quality improvements, with many cities implementing low or zero-emission zones.
Volta Trucks’ own independent research suggests that the total global addressable market for full-electric trucks in the 7.5t – 19t category will exceed $100 billion by the end of 2025.
Volta Trucks will offer a range of full-electric commercial vehicles at a time of scarce supply of comparable full electric vehicles from new start-ups and the established vehicle manufacturers.
Four full-electric commercial vehicles by 2025.
Building upon on the Volta Zero—the first full-electric 16-tonne commercial vehicle designed for inner-city last-mile deliveries—Volta Trucks plans to expand its product portfolio with three additional variants within the Medium- to lower end of the Heavy-Duty class.
Volta Zero models are available in the 7.5-tonne, 12-tonne, 16-tonne and 19-tonne weight categories.
The 16-tonne Volta Zero will be the first vehicle delivered, with Pilot Fleet trucks built by the end of 2021, and series production starting around 12 months afterwards.
Production of the 16-tonne vehicle will be closely followed by the largest 19-tonne and mid-size 12-tonne variants in 2023.
A Pilot Fleet of the smaller 7.5-tonne vehicles is expected to be launched for customer trials in the same year, with production commencing in late 2024.
All trucks will adopt a low-seat central driving position with a glasshouse-style cab which offers 220-degrees of visibility to maximize visual communication between the driver and vulnerable road users around the vehicle.
Also, like the 16-tonne vehicle, all variants will be designed with optimised payloads, allowing fleet managers to use a reduced number of larger Volta Zero vehicles, and removing several smaller vans from their operations.
Given the strength of market demand for the 16-tonne Volta Zero, Volta Trucks will accelerate its market entry with a Europe-first strategy, followed by U.S. and Asian cities introducing the Volta Zero in all its four weight variants across all its core markets.
Volta Trucks targets to sell more than 27,000 units per year by the end of 2025, with volumes increasing further in the following years.
Demand has also been accelerated by Volta Trucks, Truck as a Service (“TaaS”) proposition.
TaaS will offer fleet managers a way to electrify their fleets, with a single, monthly fee providing access to a full-electric Volta Zero, and all of its servicing, maintenance, insurance and training requirements. It will also provide a replacement Volta Zero when needed.
Volta Trucks will adopt a network manufacturing strategy with a number of assembly facilities distributed across its key geographies, to reduce unnecessary transportation and cost.