CORRECTING and REPLACING VIDEO Volvo Trucks to Demonstrate Volvo VNR Electric Models in 2019 and Commercialize in 2020

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GREENSBORO, N.C.–(BUSINESS WIRE)–Please replace the video for release dated December 12, 2018 with the
accompanying corrected video.

The release reads:

VOLVO TRUCKS TO DEMONSTRATE VOLVO VNR ELECTRIC MODELS IN 2019 AND
COMMERCIALIZE IN 2020

Volvo Trucks announced today that it will introduce all-electric
Volvo VNR regional-haul demonstrators in California next year, operating
in distribution, regional-haul and drayage operations. Sales of the VNR
Electric in North America will begin in 2020.

“We are proud to announce the Volvo VNR Electric, designed to support
cities focused on sustainable urban development and fleets operating in
a range of regional-haul and distribution operations,” said Peter
Voorhoeve, president of Volvo Trucks North America. “The Volvo VNR
Electric leverages the versatility of the new Volvo VNR series with a
proven fully-electric powertrain, and represents a strategic stride
toward a comprehensive electrified transport ecosystem. Cities
prioritizing sustainable urban development can leverage electrified
transport solutions to help improve air quality and reduce traffic
noise. Cleaner, quieter, fully-electric commercial transport also
creates opportunities for expanded morning and late-night operations,
helping cut traffic congestion during peak hours.”

The Volvo VNR Electric demonstration units will be based on the proven
propulsion and energy storage technology currently being used in the Volvo
FE Electric
, and builds on the Volvo Group’s accumulated expertise
in electrified transport solutions. Sister company Volvo Buses has sold
more than 4,000 electrified buses since 2010.

“The Volvo VNR is ideal for applications like heavy urban distribution,
drayage and other regional applications where electric trucks will first
have the greatest impact,” said Johan Agebrand, Volvo Trucks North
America director of product marketing. “The VNR
series
has received tremendous industry acceptance since its April
2017 introduction and the addition of an all-electric powertrain
provides even greater opportunities to expand its footprint in the
regional-haul market.”

Introduction of the Volvo VNR Electric models are part of an innovative
partnership, known as LIGHTS
(Low Impact Green Heavy Transport Solutions)
between the Volvo
Group, California’s South Coast Air Quality Management District
(SCAQMD), and industry leaders in transportation and electrical charging
infrastructure.

“The LIGHTS project is a truly unique opportunity to showcase a holistic
approach to electrification of the freight transport industry as we
handle ongoing challenges including electricity generation and battery
optimization,” said Voorhoeve. “We appreciate that the California Air
Resources Board (CARB) and the SCAQMD have recognized our leadership and
trusted us to oversee this project that will ultimately result in the
commercialization of fully-electric heavy-duty trucks. In addition to
introducing the VNR Electric, through LIGHTS we will bring a complete
sustainable freight solution with end-to-end electrification
coordination with our many partners.”

“Electric trucks bring many unknowns and our holistic focus through the
LIGHTS project will help our fleet partners transition securely and
smoothly based on their individual needs regarding driving cycles, load
capacity, uptime, range and other parameters,” said Agebrand. “Within
the project we’ll look at everything from route analysis and battery
optimization to servicing and financing. We always aim to offer high
uptime and productivity.”

CARB has preliminarily awarded $44.8 million to SCAQMD for the Volvo
LIGHTS project. The Volvo LIGHTS project will involve 16 partners, and
will transform freight operations at the facilities of two of the United
States’ top trucking fleets. Volvo LIGHTS is part of California Climate
Investments, a statewide initiative that puts billions of Cap-and-Trade
dollars to work reducing greenhouse gas emissions, strengthening the
economy and improving public health and the environment – particularly
in disadvantaged communities.

     
  Volvo Trucks provides complete transport solutions for professional
and demanding customers, offering a full range of heavy duty trucks.
Customer support is secured via a global network of 2,100 dealers
and workshops in more than 130 countries. Volvo trucks are assembled
in 16 countries across the globe. In 2017, more than 112,000 Volvo
trucks were delivered worldwide. Volvo Trucks is part of the Volvo
Group, one of the world’s leading manufacturers of trucks, buses and
construction equipment and marine and industrial engines. The Group
also provides solutions for financing and service. Volvo’s work is
based on the core values of quality, safety and environmental care.
 
 

www.volvotrucks.us
www.volvotrucks.ca
www.volvotrucks.mx

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