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.

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

Founder

30+ years’ experience leading startups as a pan-European serial entrepreneur

Kjell Waloen

Co-Founder and Chief
Manufacturing Officer

20+ years’ management experience in vehicle manufacturing at Ford, Volvo Cars and Polestar

Essa Al-Saleh

Chief Executive Officer

20+ years’ experience growing global logistics businesses with Agility as President and CEO

John Burrows

Chief Financial Officer

10+ years’ of experience as a financial leader in fast-growth, VC-backed scale-ups with over $750m fundraising experience

Adam Chassin

Chief Commercial Officer

15+ years’ experience as an investor, advisor and senior executive at leading technology companies in both the US and Europe

Ian Collins

Chief Product Officer

30+ years’ engineering leadership experience at Rover Group, McLaren Automotive, and Geely Commercial Vehicles

Mornie Robertson

Chief Human Resources Officer

10+ years’ HR leadership experience at Tesla, Porsche, BMW

Duncan Forrester

Chief Communications Officer

8 years’ communications leadership experience with Volvo Cars, McLaren Automotive and Polestar

Carla Detrieux

Business Development Director

3 years’ growth and business development experience at Best Western and Ritz-Carlton Hotel Company LLC

Steve Dichter

Chief Strategy Officer

40+ years’ experience in organisation performance and leading change, including with McKinsey & Company as senior partner

Casper Norden

Chief Fleet Solutions Officer

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

Chief Executive Officer

20+ years’ experience growing global logistics businesses with Agility as President and CEO

Carl-Magnus Norden

Founder

30+ years’ experience leading startups as a pan-European serial entrepreneur

Douglas C. Snyder

Chairman of the Board of Directors and President of Luxor Capital

20+ years’ of leadership within investment management

Sharp McGivaren

Investment professional at Luxor Capital Group

8 years’ experience in public markets, extensive knowledge in eTrucks

Tomas Bergström

CEO of Byggmästaren

20+ years’ experience from M&A, business development, operations and corporate governance

Cyrus Jilla

Partner at B-FLEXION

30 years’ experience in private and proprietary investment in leadership roles at B-FLEXION, FIL and Bain & Company

Karl Viktor Schaller

Automotive Industry Expert

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

Commercial Vehicle Expert

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.

See how Truck as a Service revolutionises vehicle ownership

Our innovative Truck as a Service solution covers software and hardware updates, comprehensive service and maintenance, and end-of-life battery management, all to ensure we achieve zero waste to landfill.

Latest Press

Latest Press

Investor Relations Questions

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