PRESS RELEASES

The warehousing and distribution company Performance Team – A Maersk Company, has placed an order for 16 Volvo VNR Electric Class 8 trucks. The deal marks the largest commercial order of the North American zero-tailpipe emission model to date. When put into service, all 16 vehicles will be carrying regional loads daily to customers across Southern California.

Volvo Trucks has agreed to acquire JMC Heavy Duty Vehicle Co., Ltd., a subsidiary of Jiangling Motors Co., Ltd., which includes a manufacturing site in Taiyuan, Shanxi province, China, for an amount of RMB 0.8 billion (approximately SEK 1.1 billion). The objective is to start production of the new heavy-duty Volvo FH, Volvo FM and Volvo FMX trucks in Taiyuan for customers in China from the end of 2022.

Volvo Trucks North America now delivers its first Class 8, battery-electric regional hauling trucks on the East Coast to its customer Manhattan Beer Distributors. Five zero exhaust emission Volvo VNR Electric trucks are joining the New York City-based beer and beverage distributors’ fleet of more than 400 delivery trucks to service customers throughout New York City, Long Island, and the surrounding counties.