Volvo Claims Electric Truck Market Lead

NEW statistics from Volvo Trucks indicate their market leadership for all-electric heavy trucks in Europe with a share of 42%. In 2021 the company took orders for more than 1,100 electric trucks worldwide.
Figures from the market analysis group IHS Markit show that during 2021 a total of 346 electric trucks (over 16 tonnes) were registered in Europe, an increase of 193% from 2020. The countries in Europe with the most electric trucks registered (over 16 tonnes) are Switzerland, Norway, Sweden and The Netherlands.
“We are determined to drive the electric truck revolution and our market leading position in Europe is proof that we are doing just that. It’s quickly becoming a key competitive advantage for our customers to be able to offer electric, zero emission trucks,” said Roger Alm, president of Volvo Trucks.