Global logistics firm DSV has ordered 300 electric semi-trucks from Volvo Trucks. The deal represents one of Volvo’s largest orders to date for heavy-duty electric trucks, but it’s just a toe in the water for DSV, which operates a fleet of 20,000 trucks. (The company’s order from Volvo also includes 500 legacy fossil fuel-powered trucks.)
DSV plans to take delivery of the trucks between Q4 of 2024 and the end of 2025, and will deploy them throughout its European operations. The company aims to field 2,000 electric trucks by 2030.
“I’m very proud to deepen the partnership we have with DSV,” said Volvo Trucks President Roger Alm. “This order is proof of their trust in our company, and shows that zero-exhaust emissions transport is a viable solution here and now.”
“As a global leader in logistics, we must try to stay at the forefront of the green transition, and this agreement is a fantastic example of how new technologies can be brought to market at scale to make them more accessible for our customers,” said Søren Schmidt, CEO DSV Road.
DSV’s order will bring Volvo Trucks’ global sales of electric Class 8 trucks to around 4,000 units. The company boasts a 50% market share of electric trucks in Europe, and a 44% share of electric trucks in the US.
Source: Volvo