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		<title>Volvo plans to make its own batteries in electric truck shift</title>
		<link>https://truckdriversus.com/volvo-plans-to-make-its-own-batteries-in-electric-truck-shift/</link>
		
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		<pubDate>Fri, 05 Aug 2022 15:40:35 +0000</pubDate>
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					<description><![CDATA[<p>Volvo AB is expanding its electric truck efforts in Sweden. They plan on building a “large-scale” battery plant to help expand the demand. Transport Topics reported that “The world’s second-biggest [&#8230;]</p>
<p>The post <a href="https://truckdriversus.com/volvo-plans-to-make-its-own-batteries-in-electric-truck-shift/">Volvo plans to make its own batteries in electric truck shift</a> appeared first on <a href="https://truckdriversus.com">Truck Drivers USA</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>Volvo AB is expanding its electric truck efforts in Sweden. They plan on building a “large-scale” battery plant to help expand the demand. <em>Transport Topics</em> reported that “The world’s second-biggest truck maker plans to gradually increase capacity and reach large-scale series production by 2030. Volvo reiterated its target that at least 35% of its products should be electric by the same year.”</p>
<p>The market for heavy-duty battery rigs is still at its baby stages so Volvo is wanting to establish its place to be a leading part in this. They also reported that “Volvo, Traton SE, and Daimler Truck Holding AG are planning to spend 500 million euros ($509 million) to install at least 1,700 charging points in Europe for heavy-duty rigs and buses. Volvo revealed that their batteries would be specially made for the application of commercial vehicles. This plant will create jobs due to the high requirements.</p>
<p>The post <a href="https://truckdriversus.com/volvo-plans-to-make-its-own-batteries-in-electric-truck-shift/">Volvo plans to make its own batteries in electric truck shift</a> appeared first on <a href="https://truckdriversus.com">Truck Drivers USA</a>.</p>
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