13 May Volvo Trucks to reduce CO2 emissions and accelerate decarbonization
(Oilandgaspress) -–Volvo Trucks is launching a multi-billion SEK investment in technologies that will strengthen its global product offers and competitiveness for years to come and enable reaching the goal of net-zero emissions by 2040.
An all-new fuel-saving combustion engine platform made for multiple renewable fuels including future hydrogen applications as well as new electric drivelines with ranges of up to 700 km will future-proof Volvo’s trucks in all markets and all transport segments.
The global customer base of Volvo Trucks’ sales operations calls for a wide range of efficient powertrains as fuel supply, fuel infrastructure and customer preferences differ significantly between regions and markets.
“This is a hugely important launch as the decarbonization of the transport industry needs to accelerate, and the new technologies we are launching now will offer transport companies the best of two worlds,” says Roger Alm, President Volvo Trucks.
He continues: “Our second-generation electric trucks are capable to replace traditional diesel trucks in most cases. However, in certain regions and transport segments we also need the combustion engine to reduce CO2 now, and in the future. Our new engines offer the flexibility needed to satisfy customers in all regions and in all transport segments. One single engine platform will also give us very good synergies and larger production volumes.”
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