STOCKHOLM (Reuters) – Swedish startup Volta Trucks on Thursday unveiled its Volta Zero, a 16-tonne electric truck, with plans to start production in 2022 in the United Kingdom.
Following the success of companies such as Tesla in popularising electric cars, electric trucks have also been getting a lot of attention from existing players such as Volvo and Daimler and startups like Rivian and Nikola.
“We are also well progressed with another seven or eight customers,” he said.
It declined to give details about its current funding. Fowler said that the company is interested in raising funds to fuel the capital-intensive business.
(Reporting by Supantha Mukherjee in Stockholm; editing by Jason Neely)