Volvo Trucks outlines its path to 2040. Big news coming for electric, ICE, and hydrogen trucks
Volvo Trucks is launching "a multi-billion SEK investment in technologies that will strengthen its global product offers and competitiveness for years to come and enable reaching the goal of net-zero emissions by 2040". This will include an all-new fuel-saving combustion engine platform made for multiple renewable fuels including future hydrogen applications as well as new electric drivelines with ranges of up to 700 km.
Volvo Trucks is launching “a multi-billion SEK investment in technologies that will strengthen its global product offers and competitiveness for years to come and enable reaching the goal of net-zero emissions by 2040”. This will include an all-new fuel-saving combustion engine platform made for multiple renewable fuels including future hydrogen applications as well as new electric drivelines with ranges of up to 700 km.
In particular, Volvo is also launching an upgraded range of electric models that will enable more transport segments and operators to shift from traditional fuels to electric. Volvo offers 8 different electric models and has sold more than 6,000 battery electric trucks in more than 50 countries. At the same time, the combustion engine plays an important role in Volvo’s net zero ambitions. An all-new 13-litre engine platform is launched, which will be used for two engines – diesel and gas-powered. Both are ready from start for renewable fuels such as biodiesel and biogas.
Volvo Trucks: a strategy based on multiple sources
Volvo’s new battery-electric trucks will be produced in Gothenburg, Sweden and Ghent, Belgium, and rollout will happen step by step, starting 2026. The new combustion engines will be produced in Skövde, Sweden, with sales starting during the third quarter of 2026.
“This is a hugely important launch as the decarbonization of the transport industry needs to accelerate, and the new technologies we are launching now will offer transport companies the best of two worlds,” says Roger Alm, President Volvo Trucks. “Our second-generation electric trucks are capable to replace traditional diesel trucks in most cases. However, in certain regions and transport segments we also need the combustion engine to reduce CO2 now, and in the future. Our new engines offer the flexibility needed to satisfy customers in all regions and in all transport segments. One single engine platform will also give us very good synergies and larger production volumes.”
