Fleet Financing

Volvo Trucks Receives Order for 50 Volvo VNR Electric Trucks for Truck-as-a-Service Startup from WattEV

“Volvo Trucks applauds WattEV’s unique approach to accelerating fleet electrification through its TaaS model, which aims to remove potential barriers to adoption so fleets of all sizes can have access to class-leading electric trucks. 8 and make local and regional deliveries without any tailpipe emissions,” mentioned Peter Voorhoeve, president of Volvo Trucks North America. “This kind of innovative thinking is needed to transform the way the industry moves freight, and we look forward to collaborating with WattEV as they expand their TaaS fleet across California and the nation.”

To support its TaaS model, WattEV is building a public network of heavy-duty battery electric truck charging depots to serve major transportation corridors, connecting shipping ports to freight distribution centers and warehouses. WattEV’s first public truck charging points will be Bakersfield, Saint Bernardineand near the Port of long beach, and will include 250kW CCS chargers that will provide Volvo VNR electric trucks with an 80% charge in 90 minutes for six-battery packs. As WattEV’s public charging network expands nationwide, the company plans to expand its depots to provide 1.2 MW of charging capacity for ultra-fast charging.

“WattEV is excited to purchase our first battery-electric Class 8 trucks from Volvo Trucks as they rapidly expand their electric truck supply and dealer support network across the country,” said Salim Youssefzadeh, CEO, WattEV. “We are grateful to partner with an OEM that shares the same commitment to freight electrification throughout North America.”

Volvo Trucks is focused on supporting its customers in their transition to electromobility by expanding its network of Volvo Trucks certified electric vehicle dealerships, where service teams are trained and equipped to safely carry out maintenance and repairs. battery electric truck repairs, and key VNR Electric parts are stocked to minimize downtime. Volvo Trucks currently has certified dealerships in the United States in California, new Yorkand VirginiaAs good as inside Quebec, Canadawith dealerships in several other states finalizing their certifications throughout 2022. Volvo VNR Electric’s WattEV order was facilitated by TEC Equipment Fontana, which was the nation’s first EV-certified Volvo dealership and is offering on-site charging to its clients.

“It is gratifying to see the momentum building for the adoption of battery electric trucks, and TEC Equipment is committed to continuing to support fleets like WattEV with their electric truck supply plans, including identifying and getting incentive funding,” said David Thompsonfounder and CEO of TEC Equipment in reference to the support of his team helping WattEV secure vouchers California Hybrid and Zero-Emission (HVIP) Truck and Bus Coupon Incentive Project.

The electric Volvo VNR model is designed as a sustainable transport solution for local and regional distribution, pickup and delivery, and food and beverage distribution. Models ordered by WattEV are based on its six-battery pack option offering increased energy storage of 565 kWh and a range of up to 275 miles. To learn more about the Volvo VNR Electric, visit the company’s website.

For more information, please contact:

Fredrik Klevenfeldt
Director of Brand Marketing Communications, Volvo Trucks North America
[email protected]

High-resolution images associated with this and other press releases are available at volvomediabank.com.

Volvo Trucks North America, headquartered in Greensboro, North Carolinais one of the leading heavy duty truck manufacturers in North America. Its Uptime Services commitment is ensured by a network of nearly 400 authorized dealers across North America and Volvo Trucks’ 24/7 availability centre. Every Volvo truck is assembled at Volvo Trucks’ New River Valley manufacturing plant in Dublin, Virginia, which meets the internationally recognized ISO 9001 standard for quality, 14001 standard for environmental protection and holds dual ISO 50001/Higher Energy Performance certification at platinum level, indicating sustained excellence in energy management . Volvo Trucks North America provides complete transport solutions to its customers, offering a full range of diesel, alternative fuel and 100% electric vehicles, and is part of the global Volvo Trucks organization.

Volvo Trucks provides complete transport solutions for demanding professional customers with its complete range of medium and heavy trucks. Customer support is provided through a global reseller network with 2,200 service points in approximately 130 countries. Volvo trucks are assembled in 13 countries around the world. In 2021, approximately 123,000 Volvo trucks were delivered worldwide. Volvo Trucks is part of the Volvo Group, one of the world’s leading manufacturers of trucks, buses, construction equipment and marine and industrial engines. The group also offers complete financing and service solutions. Volvo Trucks’ work is based on the core values ​​of quality, safety and respect for the environment.

SOURCE Volvo Trucks North America