Martin Lundstedt, President and CEO of Volvo Group, has been re-elected as the Chairman of the Commercial Vehicle Board of ACEA, the European Automobile Manufacturers’ Association. Lundstedt was re-elected for a second one-year term from amongst the members of ACEA’s Commercial Vehicle Board: the CEOs of DAF Trucks, Daimler Truck, Ford Trucks, Iveco Group, MAN Truck & Bus, Scania, Volkswagen Commercial Vehicles, and Volvo Group.

“2023 will be a year like no other for setting the future roadmap of the European truck industry,” stated Martin Lundstedt. “For truck makers it is crystal clear, our full focus is on decarbonising road transport – absolutely everything should underpin this effort“.

Martin Lundstedt on the future of freight transport

Indeed, the European Commission is expected to revise the CO2 regulation for heavy-duty vehicles this year. “Policy makers should keep in mind that decarbonising road transport requires more than just targets for vehicle manufacturers,” cautioned Lundstedt. “This is a B2B market, so it will move rapidly as soon as the enabling conditions – such as charging and refuelling infrastructure, and cost parity – are well established. However, we are concerned that the recent proposal for a Euro VII regulation on pollutant emissions carries a major risk of slowing down the transition to climate neutrality.”

“Recent studies, which take account of our ambitious decarbonisation trajectories, have shown Euro VII will only provide very marginal additional benefits to air quality, which will easily be dwarfed by even slightly higher fleet renewal ambitions,” explained Mr Lundstedt.

Highlights

Related articles

MAN to deploy significant investment in European service network

It is the largest investment in European service network in the history of the truck maker. The company intends to use these resources "to create new bases in Europe, modernize existing locations, optimize regional coverage, further improve service quality, and continue to work intensively on making...

Daimler Truck opens new commercial vehicle center in Koblenz, Germany

An entirely new building will be constructed on the southern part of the site on Friedrich-Mohr-Strasse starting in autumn 2026. For this purpose, the current building dating back to 1963, most recently used as a logistics hall, will be dismantled from spring 2026. The current branch on the northern...

Lyten completes acquisition of former Northvolt battery assets in Sweden

The Northvolt Sweden acquisition includes 16 GWh of existing battery manufacturing capacity, more than 160 hectares of land, infrastructure and buildings to support expanded manufacturing and industrial activities, and the largest and most advanced battery research and development center in Europe.
News