DSV, Volvo sign agreement for 300 electric trucks

Deal also includes 500 Volvo trucks with fuel-efficient diesel and gas drive lines.

Update: 2024-08-22 06:32 GMT

(From left): Søren Schmidt, CEO, DSV Road and Roger Alm, President, Volvo Trucks

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Global logistics company DSV has signed an agreement with Volvo Trucks for the purchase of 300 electric trucks.

The deal is one of the largest commercial orders to date for Volvo electric trucks, and is an important step in DSV's goals to reduce emissions and lead the green transition in the transport sector, says an official release from DSV.

"DSV is moving towards more sustainable road freight solutions. Every day, thousands of trucks transport goods for the company's customers around the world, and a growing number will become electric or run on renewable fuels in the years to come."

The agreement also includes 500 Volvo trucks with fuel-efficient diesel and gas drive lines. All trucks are expected to be delivered between 2024 and 2026, and is an important part of DSV's plan to increase its electric trucks fleet to 2,000 by 2030, the release added.

"I'm very proud to deepen the partnership we have with DSV," says Roger Alm, President, Volvo Trucks. "Collaboration and a strong commitment to really make a difference is essential for making sustainable transport and big CO2 reductions a reality. This order is proof of their trust in our company and shows that zero-emissions transport is a viable solution here and now."

Søren Schmidt, CEO, DSV Road adds: "Close collaboration across sectors provides an opportunity for DSV to be a key enabler for decarbonisation in the industry. We are happy to extend our partnership with Volvo in our joint effort to reduce emissions in the transport industry. As a global leader in logistics, we strive to stay at the forefront of the green transition and this agreement is a fantastic example of how new technologies can be brought to market at scale to make them more accessible for our customers. The deal with Volvo is an important step towards enabling a more sustainable future in trucking."

The trucks being supplied to DSV will include the new Volvo FH Aero Electric, which has improved aerodynamics, making it even more energy efficient, the release added.

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