Heavy electric truck market in Europe grows by 200%

Friday 28 Apr 2023

Volvo Trucks have now sold more than 4 300 electric trucks globally in more than 38 countries. Last year, the number of heavy electric trucks on the roads in Europe and the United States grew faster than ever before. In Europe, Volvo Trucks is a market leader with a 32% share of the market for heavy electric trucks, and in North America, nearly half of all heavy electric trucks registered in 2022 were Volvo trucks.

In 2022 the market for heavy (≥16 tonnes) electric trucks in Europe, grew by 200% to 1,041 trucks, and Volvo Trucks holds the highest share of this market. Although, the market for electric trucks is still small, the trend is clear: many customers are now starting their own shift to electric. Volvo aims to be the catalyst for this transition and aims for 50% of their global sales of new trucks to be electric in 2030.

Since Volvo Trucks started production of fully electric trucks in 2019, the company has sold more than 4 300 electric trucks in more than 38 countries around the world.

Source: Volvo Trucks

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