Hyperdrive
Biggest Cement Maker Eyes Buying 1,000 Volvo Electric Trucks
- Holcim will start taking deliveries of battery rigs this year
- Industrial companies are under pressure to cut emissions
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Holcim Ltd. plans to buy as many as 1,000 electric trucks from Volvo AB in what would be the Swedish manufacturer’s largest-ever order for battery-powered rigs.
Both companies signed a letter of intent for delivery of the vehicles between now and 2030, according to a statement Monday. The first 130 heavy-duty FH and FM electric trucks will be handed over this and next year.