Investor Relations
Leading the transformation to sustainable urban logistics
Investor Relations
Volta Trucks
We are a full-electric commercial vehicle manufacturer and services company. We offer next-generation, design-led products, and services, which aim to accelerate the transition to electric, whilst reducing the risk and complexity of electrification for our customers.
Our launch product the ‘Volta Zero’ is the world’s first purpose-built full-electric 16-tonne vehicle designed for urban logistics, reducing the environmental impact of freight deliveries in city centres. Our Head Office is in Stockholm, Sweden, with engineering led from the UK, and contract manufacturing facility in Steyr, Austria. We have sales teams across France, Spain, Italy, Germany, Netherlands, and the UK. We partner with a number of global leaders in the supply chain for the development and production of the Volta Zero.
Designed from the ground up with an operating pure-electric range of 150 – 200 kilometres, the Volta Zero will eliminate an estimated 1.2M tonnes of CO2 by 2025.
The prototype Volta Zero was launched in September 2020, and our first customers have been evaluating and testing the vehicle since mid-2022.
Early-mover in large & growing market
Well positioned for success in medium duty, low-emission urban use cases
Clear strategy forward on execution
Differentiated by speed, simplicity & scale
Reimagined purpose-built design
Sustainable, safe & driver-centric products with TCO benefits vs. ICE
Blue chip sales pipeline
Total pipeline value of €4.2bn, with a pre-order bank of €1.5bn, confirming Volta Trucks’ value proposition
Compelling financial outlook
Capital efficient fast pathway to breakeven
Market Position
The commercial vehicle sector offers significant opportunity for accelerated fleet electrification.
This is particularly apparent in the medium-duty segment in which we operate (7.5 tonne to 18 tonne), with a sizable addressable market seeking a solution for safer, zero-emission urban distribution. There is strong commercial and regulatory interest in shifting fleets to full-electric models at pace, which is supported by attractive Total Cost of Ownership economics.
In November 2021, Volta Trucks announced Europe’s largest purchase of full-electric trucks with DB Schenker’s pre-order of 1,470 vehicles. This followed Petit Forestier’s pre-order of 1,000 Volta Zeros.
World-leading electric truck
The world’s first purpose-built 16-tonne electric truck, revolutionising commercial vehicle operations and delivering a next-generation driving experience.
Founders & Senior Management
Volta Trucks has a highly capable and entrepreneurial management team with decades of experience transforming mobility markets.
People who share our ambition to deliver innovative, industry-leading full-electric trucks and services, from the ground-up, and to accelerate industry towards sustainable operations. Here are the people and stories behind that mission.
Carl-Magnus Norden
30+ years’ experience leading startups as a pan-European serial entrepreneur
Kjell Waloen
Manufacturing Officer
20+ years’ management experience in vehicle manufacturing at Ford, Volvo Cars and Polestar
Essa Al-Saleh
20+ years’ experience growing global logistics businesses with Agility as President and CEO
John Burrows
10+ years’ of experience as a financial leader in fast-growth, VC-backed scale-ups with over €1bn fundraising experience
Adam Chassin
15+ years’ experience as an investor, advisor and senior executive at leading technology companies in both the US and Europe
Ian Collins
30+ years’ engineering leadership experience at Rover Group, McLaren Automotive, and Geely Commercial Vehicles
Mornie Robertson
10+ years’ HR leadership experience at Tesla, Porsche, BMW
Duncan Forrester
8 years’ communications leadership experience with Volvo Cars, McLaren Automotive and Polestar
Carla Detrieux
3 years’ growth and business development experience at Best Western and Ritz-Carlton Hotel Company LLC
Steve Dichter
40+ years’ experience in organisation performance and leading change, including with McKinsey & Company as senior partner
Casper Norden
8 years’ experience in business and financial planning roles for VC backed start-ups. Advisor to the Volta Trucks Board of Directors 2019-2021
OUR VISION
To be the leader in zero emission transport, reducing the effects of global warming and making our cities safer, healthier and more pleasant for all.
Board Members
Volta Trucks has a highly experienced board with EV start-up, traditional OEM, logistics and finance expertise.
Essa Al-Saleh
20+ years’ experience growing global logistics businesses with Agility as President and CEO
Carl-Magnus Norden
30+ years’ experience leading startups as a pan-European serial entrepreneur
Douglas C. Snyder
20+ years’ of leadership within investment management
Sharp McGivaren
8 years’ experience in public markets, extensive knowledge in eTrucks
Tomas Bergström
20+ years’ experience from M&A, business development, operations and corporate governance
Cyrus Jilla
30 years’ experience in private and proprietary investment in leadership roles at B-FLEXION, FIL and Bain & Company
Karl Viktor Schaller
Dr. Schaller has held many Executive and Board positions within the automotive industry including Chief Technology Officer of MAN Truck and Bus, with responsibility for Engineering & Purchasing
Claes Nilsson
Extensive experience in commercial vehicles with AB Volvo, as President of Volvo Trucks as well as a member of its Executive Board.
Previous Board positions for Volvo Financial Services, Volvo Venture Capital, and several market companies across AB Volvo.
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Investor Relations Questions
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