Startup EV Manufacturing Company Volta Trucks Chooses Proterra to Provide Battery Tech

By James White Thursday, February 18, 2021

While car companies, including Elon Musk’s Tesla and startup business IM Motors, are primarily focused on the development of private electric vehicles (EV) for consumers, other businesses like Volta Trucks are turning their green energy solutions to the distribution sector.

In an effort to assist the market shift toward electric vehicles, Swedish EV startup company Volta Trucks is pursuing the development of fully-electric trucks designed to replace existing diesel-powered freight vehicles within cities. Recently, the startup business announced that it would be adding battery tech company Proterra to its supply chain. The battery company will be responsible for producing electric powertrains for the Volta Zero EV.

"Proterra and Volta Trucks share a common vision of clean, healthy communities served by zero-emission, electric vehicles,” said Gareth Joyce, President of Proterra Powered and Energy. “We look forward to building our relationship together as we support Volta Trucks in the development of the revolutionary Volta Zero commercial vehicle."

Volta Zero truck with a Proterra Powered logo.

Reimagining Inner-City Freighting

Founded in 2019 by entrepreneurs Carl-Magnus Norden and Kjell Walöen, Volta Trucks has since garnered $25 million in funding from investors like Luxor Capital Group and has established offices in Sweden, France, and the UK.

The startup company plans to offer its electric vehicles to customers in the form of a Truck-as-a-Service (TaaS) program. Businesses looking to utilize one of the Volta Zero units will simply pay an all-inclusive monthly fee covering the use of the EV, insurance, and driver training, as well as any maintenance, service, or replacement needs during the period of use.

The startup business claims that its Volta Zero is “the world's first purpose-built full-electric 16-tonne vehicle designed for inner-city freight deliveries.” The EV sports a range of 95-125 miles, and is unique in that the driver is situated in the middle of the cab, which is much lower to the ground than typical commercial vehicles. The result of these changes is that the driver now has a 220-degree field of view, reducing the overall blindspots for the EV and improving safety measures. The startup business estimates that its electric vehicles will eliminate 180,000 metric tons of CO2 by 2025.

Electric Truck Industry Outlook

Market research predicts that the global electric commercial vehicle market size will reach $178.56 billion by 2026, growing at a compound annual growth rate (CAGR) of 8.3% from 2021-2026. Volta Trucks planted itself firmly in the growing business. In January, the company reported that orders for the startup’s EV, Volta Zero, surpassed $260 million. Volta Trucks expects customers to be actively using its electric vehicles later this year.

About the Author

Headshot of James White

James White is a Michigan State University graduate with a BS in Environmental Biology. He is interested in reporting emerging trends in technology, especially with regard to alternative energy and environmental conservation.

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