Volta Trucks Announces Strong Start to 2023 with Confirmation of €85 Million in Production Orders for Electric Delivery Trucks

Volta Trucks, a manufacturer and services provider of full-electric commercial vehicles, has announced a strong start to the year by confirming production orders for the first 300 manufacturing slots of its Volta Zero. The associated revenue is expected to exceed €85 million.

Series production of the Volta Zero will begin at the company’s contract manufacturing facility in Steyr, Austria, in early Q2 2023. The plant is ready to meet the strong demand for the purpose-built, full-electric medium-duty urban delivery truck.

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

Al-Saleh went on to say, “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 decarbonize and improve the safety of city centers.”

About the Volta Zero

The Volta Zero is the world’s first purpose-built full-electric 16-tonne vehicle designed for urban logistics, reducing the environmental impact of freight deliveries in city centers. Designed from the ground up with an operating pure-electric range of 150 – 200 km (95 – 125 miles), the Volta Zero will eliminate an estimated 1.9M tonnes of CO2 by 2026.

Safety is also at the heart of Volta Trucks, with the ambition to produce the safest trucks for our cities. The Volta Zero was designed for electric from the outset, facilitating a step-change in vehicle, driver, and pedestrian safety. Thanks to the removal of the internal combustion engine, the operator of a Volta Zero sits in a central driving position, with a much lower seat height than a conventional truck. This combination, plus a glass house-style cab design, gives the driver a wide 220 degrees of visibility, minimizing dangerous blind spots.

Volta Trucks is also innovating with its Truck as a Service proposition, which is revolutionizing the financing and servicing of commercial vehicle fleets. Truck as a Service offers fleet managers a frictionless and hassle-free way to electrify their fleet and helps them with every step by offering a single, affordable monthly fee that provides access to a full-electric Volta Zero, and all its charging infrastructure, servicing, maintenance, insurance, and training requirements, maximizing uptime and operational efficiency.