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

Volta Trucks, the leading and disruptive full-electric commercial vehicle manufacturer and services provider, has announced a strong start to 2023 by confirming customer production orders for the first 300 manufacturing slots of its full-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, in early Q2 2023, with the plant ready to meet the strong customer demand for its purpose-built full-electric medium duty urban delivery truck.

“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,” said Essa Al-Saleh, Chief Executive Officer of Volta Trucks.

“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,” he concluded.

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 centres. Designed from the ground up with an operating pure-electric range of 150 - 200 kms (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, which facilitates 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, minimising dangerous blind spots.

Volta Trucks is also innovating with its Truck as a Service proposition that is revolutionising 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, maximising uptime and operational efficiency.

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