Volta Trucks announces first production orders of over 300 vehicles and more than €85 million of associated revenue

Volta Trucks, a leading and disruptive commercial electric vehicle (EV) manufacturer and services provider, has announced a strong start to 2023 by confirming customer production orders for the first 300 manufacturing slots of its fully electric Volta Zero, with an associated revenue of more than €85 million.

Series production Volta Zeros are due to start rolling off the line of the company’s contract manufacturing facility in Steyr, Austria, early in the second quarter of 2023. The plant is ready to meet the strong customer demand for its purpose-built all-electric medium-duty urban delivery truck.

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Essa Al-Saleh, Volta Trucks CEO, said: “Volta Trucks has made important progress in the first few weeks of 2023, confirming more than 300 customer truck orders for the first vehicles off our production line in Austria. 

“This covers a meaningful portion of our 2023 production targets before customers have pilot tested the vehicles. This is a major achievement and demonstrates the compelling features of the Volta Zero and the trust that our customers have in our ability to deliver.

“Volta Trucks is poised for a successful first year of sales and production. We are confident and focused on delivering on our strategic ambitions and purpose to decarbonise and improve the safety of city centres.”

Back in November 2022, Volta announced a collaboration with Cake, the Swedish maker of premium lightweight, electric motorcycles. This partnership is aimed at decarbonising and decongesting last-mile deliveries, while also improving service to end customers.  

The first trial will be with the H&M Group, a fashion and design family of brands and businesses. This is planned to start in the first quarter of 2023 in Paris. The fully integrated, zero tailpipe emission delivery service from warehouse to end customer will use the most efficient combination of electric trucks and electric two-wheelers.

Ian Osborne
Ian Osborne
Editor-in-Chief at ElectricDrives

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