Federal Ministry of Digital Affairs and Transport in Germany awards subsidy funding for a total of 151 Volta Zero trucks, totalling €24.6 million
Customer orders of the all-electric Volta Zero placed before end of June 2023 can benefit from price advantage
Volta Trucks to deliver first subsidised vehicles to customers this year.
Volta Trucks, the leading and disruptive all-electric commercial vehicle manufacturer and services provider, has announced the approval of funding projects submitted to the Federal Ministry of Digital Affairs and Transport in Germany. A total of 151 all-electric Volta Zero trucks will be subsidised, providing support to Volta Trucks’ customers totalling €24.6 million.
The subsidies granted by the German Ministry will be used to reduce vehicle costs. This promises competitive prices and makes the switch to an electric vehicle fleet even more attractive for many companies. Volta Trucks will deliver the first subsidised Volta Zero all-electric trucks to customers in 2023. All orders received in Germany by June 2023 can benefit from a subsidy.
“We are delighted that the Volta Zero has been successful in securing the subsidy funding from the Federal Ministry in Germany. This is a major achievement and enormous recognition for our all-electric truck even before the official start of production in the second quarter of this year,” says Usuf Schermo, Area Sales Manager Germany & Austria at Volta Trucks. “With the new climate and transformation fund, Germany is becoming an absolute pioneer in Europe, from which Volta Trucks customers can now also benefit.”
The subsidy awarded in Germany for the Volta Zero contributes to the implementation of the German government’s Climate Protection Programme 2030. The aim is to put low-CO2 emitting commercial vehicles on the road and to expand the refuelling and charging infrastructure. By 2030, about one third of the vehicle output in heavy goods transport in Germany is to be electric or based on electricity-based fuels. From 2021 to 2026, around 1.3 billion euros are available to support the purchase of climate-friendly commercial vehicles. In addition, around 6.3 billion euros will be available for the construction or expansion of refuelling and charging infrastructure for cars and trucks. The additional investment costs for vehicle and infrastructure procurement will be subsidised by 80 percent, and feasibility studies will also be supported.
The 151 Volta Zeros will receive a total of €24.6 million in funding from the Federal Ministry of Digital Affairs and Transport under the Directive on the Promotion of Light and Heavy Commercial Vehicles with Alternative, Climate-friendly Drive Systems and Associated Fuelling and Charging Infrastructure (KsNI). The funding guideline is coordinated by NOW GmbH, and applications are approved by the Federal Office for Logistics and Mobility.
About the Volta Zero
The Volta Zero is the world’s first purpose-built all-electric 16-tonne vehicle designed for urban logistics, reducing the environmental impact of freight deliveries in city centres. The Volta Zero is designed from the ground up with an operating pure-electric range of 150 – 200 kms (95 – 125 miles).
Safety is also at the heart of Volta Trucks, with the ambition to produce the safest trucks for our cities. The Volta Zero was designed for electric from the outset, which facilitates a step-change in vehicle, driver and pedestrian safety. Thanks to the removal of the internal combustion engine, the operator of a Volta Zero sits in a central driving position, with a much lower seat height than a conventional truck. This combination, plus a glass house-style cab design, gives the driver a wide 220-degrees of visibility, minimising dangerous blind spots.
Volta Trucks is also innovating with its Truck as a Service proposition that is revolutionising the financing and servicing of commercial vehicle fleets. Truck as a Service offers fleet managers a frictionless and hassle-free way to electrify their fleet and helps them with every step by offering a single, affordable, monthly fee that provides access to an all-electric Volta Zero, and all its charging infrastructure, servicing, maintenance, insurance, and training requirements, maximising uptime and operational efficiency.
About Volta Trucks
Volta Trucks was founded in 2019 in Sweden by co-founders Carl-Magnus Norden and Kjell Waloen. The company, focused primarily on operations across all major cities in Europe and the UK, will accelerate the transition to all-electric trucks, reducing the effects of climate change and helping make our cities safer, healthier and more sustainable for everyone. Volta Trucks has partnered with a number of global leaders in the supply chain for the development and production of the Volta Zero, at pace and scale. In total, Volta Trucks has raised over €360 million funding to date.
The company’s contract manufacturing facility is in Steyr, Austria, where production of customer specification vehicles is starting in early Q2 2023. The company has also established a network of ‘Volta Trucks Hub’ service and maintenance facilities in its launch markets, with the first four already announced in Bonneuil-sur-Marne, to the south of Paris, in Tottenham, London, Duisberg, to the west of the Rhine-Ruhr region in Germany, and in Madrid, Spain.
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