Volvo Trucks has unveiled an all-new heavy-duty truck platform for the North American market in parallel to a new heavy-duty truck range for Europe, Australia and markets in Asia and Africa. New energy efficient models – including trucks running on electricity and renewable fuels – will reduce CO₂ emissions and take the company closer to the target of having a net-zero emission product range by year 2040.

GOTHENBURG, Sweden, Jan. 29, 2024 -- This means a significant overhaul and expansion of Volvo Trucks heavy-duty offering globally and a vital step to reduce the carbon footprint from the product portfolio.

"This is a bold move– we are launching new best-in-class trucks that will set a benchmark for energy efficiency and reduction of CO₂ emissions across the entire product range," says Roger Alm, President Volvo Trucks. "They have been designed to accelerate the journey towards our ambitious 2040 net-zero emission target, but they also offer higher levels of safety, productivity and uptime for our customers."

A new global product portfolio – cutting fuel consumption and CO₂ emissions

The North American market gets an all-new energy-efficient platform, cutting fuel consumption by up to 10 percent* while also enhancing the safety level significantly. The new platform will be the base for a range of new models in the coming years, utilizing the company's broad palette of electric- and renewable fuel technologies, as well as efficient combustion engines. First out is the all-new Volvo VNL model, replacing Volvo's best-selling truck on the North American market for long haul transport.

In Europe, Australia, Asia and Africa, Volvo is launching the new Volvo FH Aero – optimized for energy-efficient heavy-duty transports. The new aerodynamic Volvo FH, which lowers energy consumption and CO₂ emissions by up to five percent*, comes with a choice of propulsions systems including electric, biogas and diesel.

"The wide range of trucks we are launching will enable our customers around the world to reduce their CO₂ footprints, no matter where they are on their sustainability journey. The supply of green energy varies from market to market, and therefore as a global truck manufacturer, we need to offer our customers a range of decarbonization solutions," says Roger Alm.

*Actual fuel economy may vary depending on many factors i.e. driving speed, vehicle load, topography, and weather conditions.

 For further information, please contact:

Stefan Elfström

Media Relations Director, Volvo Trucks

Email: stefan.elfstrom@volvo.com

Tel: +46 708 25 30 72

Volvo Trucks supplies complete transport solutions for professional customers with its full range of medium- and heavy-duty trucks. Customer support is provided via a global network of dealers with 2,300 service points in about 130 countries. In 2022 approximately 145,000 Volvo trucks were delivered worldwide. Volvo Trucks is part of the Volvo Group.

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