Volvo, VW and Daimler Better Get a Move On With Electric Trucks

The companies’ 2030 targets look lofty considering where their sales are now.

Electric trucks parked outside Volvo’s Tuve plant in Gothenburg, Sweden.

Some of the world’s biggest truckmakers have set ambitious objectives for battery-electric and fuel cell trucks and buses. Daimler Truck estimates they’ll make up as much as 60% of its Europe sales by 2030. Volkswagen’s Traton and Volvo are aiming for 50% share in that time frame.1