logo
  

DHL Freight, Volvo Trucks To Speed Up Introduction Of Heavy Duty Electric Trucks In Europe

AB Volvo (VOLVY.PK, VOLVF.PK), on Tuesday, announced that DHL Freight and Volvo Trucks have partnered to speed up the introduction of heavy duty electric trucks to be used for regional transport in Europe.

The company noted that DHL Freight and Volvo Trucks have initiated a project focusing on longer distance heavy transports. The cooperation includes pilot tests of a fully electric Volvo FH truck with gross combination weights up to 60 tons. Starting in March, the truck would operate between two DHL Freight logistics terminals in Sweden, a distance of about 150 km, the company said.

The DHL-Volvo project would start in the first quarter of 2021, and is part of REEL, an initiative run by Sweden's innovation agency Vinnova to promote the transition to an electrified freight transport system. The route is between the cities of Gothenburg and Jönköping in Sweden, which is a distance of 150 km one way, and charging would be done at DHL in Jönköping and the Volvo Truck Center in Gothenburg.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
When Can We Expect Starlink to Go Public? This question got an answer from Tesla and SpaceX CEO Elon Musk, who said he will only publicly list SpaceX's satellite internet service Starlink when its revenue is more predictable. Musk was responding to a users tweet, "Any thoughts on Starlink IPO we would love to invest in the future. Any thoughts on first dibs for Tesla retail investors?" John David McAfee, who founded the antivirus software company McAfee Associates, has been found dead in a prison cell in Spain shortly after a Spanish court agreed to extradite him to the US to face tax evasion charges, multiple reports said. He was arrested in Spain in October 2020 after being accused of failing to file tax returns for four years. While reporting financial results for the first quarter of fiscal 2022 on Thursday, drugstore chain Rite Aid Corp. (RAD) initiated its adjusted loss and total revenue guidance for the full-year 2022, below analysts' estimates. For fiscal 2022, the company now projects an adjusted loss in a range...
Follow RTT