Volvo to sell electric trucks in South Korea. Three models available
South Korea has a national plan to decrease CO2 emissions and aims for carbon neutrality by 2050. Out of six electric heavy truck models currently in series production, three will be sold in the Far Eastern country.
Volvo Trucks started selling electric trucks in South Korea, a country that boasts a national plan to decrease CO2 emissions and aims for carbon neutrality by 2050. The Swedish manufacturer managed to start serial production of heavy electric trucks and has a broad electric line-up with a total of six electric heavy trucks. Initially, three of these models will be sold in South Korea.
The manufacturer’s goal is for 50% of the new trucks it sells globally by 2030 to be electric. Since it started production of fully electric trucks in 2019, the company has sold more than 4,300 electric trucks in over 38 countries around the world.
Volvo electric trucks in South Korea: it’s the right time
“We think the timing is just right to start selling heavy electric trucks in South Korea,” said Per-Erik Lindström, SVP Volvo Trucks International. “With 22% market share for heavy-duty trucks in South Korea, we have an important role to play in order to lower the transport sector’s CO2 emissions.”
“The situation is similar in most countries,” added Per-Erik Lindström. “Large flows of goods are transported short distances where electric trucks work very well. So, when an expanded public network of charging stations is developed, even more transports can be electrified.”