Volvo Trucks is continuing its entry into new markets with its battery electric truck offering. Malaysia is the latest example, where local logistics company Swift Haulage Berhad recently purchased two Volvo FM Electric trucks.
It is said that Malaysia has a national plan to reach net zero greenhouse gas emissions by 2050, and electrifying road transports is one important measure to reach this target.
Volvo Trucks was the first global manufacturer to start serial production of heavy-duty electric trucks in 2019, and has a broad electric line-up with a total of six electric heavy trucks. The company said that three of these models will be sold in Malaysia initially.
“I’m happy to announce that we are now selling heavy electric trucks in Malaysia,” says Anthony O’Connell, Managing Director for Volvo Trucks in Malaysia. “With our 21% share of the heavy truck market, we have an important role to play in lowering the transport sector’s CO2 emissions. Our trucks will help reduce climate impact, while also enhancing safety for road users and creating a better working environment for drivers. We are proud to be working with Swift Haulage Berhad, who are pioneer adopters of electric trucks in Malaysia.”
Loo Yong Hui, Chief Executive Officer at Swift Haulage Berhad Group, agrees. “Sustainability is and has always been a top priority for Swift. I am proud to announce that Swift will be the first haulage company in Malaysia to acquire and incorporate electric trucks into our fleet. We believe this technology will revolutionize the industry, and we are excited to leading the way towards a brighter, more efficient, and greener future. Looking forward, we are committed to converting the majority of our fleet to EVs by 2030.”
Volvo Trucks is aiming for 50% of global sales of new Volvo trucks to be electric in 2030. The company has so far sold around 5,000 electric trucks in about 40 countries around the world. Volvo’s electric truck range is now available in Europe, North America, Asia, Latin America and Africa.