Commercial, Distributed Energy Resources, GHG Emissions - May 22, 2023
Holcim Adds 1,000 Volvo Electric Trucks
Holcim plans to use up to 1,000 electric trucks from Volvo by 2030, with delivery for the first trucks starting in the fourth quarter of 2023.
The deal is part of a wider partnership between Holcim and Volvo Group to deploy electric trucks across Holcim’s operations in Europe, and the replacement of diesel trucks with electric ones will reduce CO2 emissions by up to 50% per year.
The agreement will help Holcim and Volvo Group achieve their sustainability targets. Both companies are founding members of the First Movers Coalition (FMC), a coalition of companies that use their purchasing power to create early markets for innovative clean technologies.
“The net-zero transition requires deep collaboration across value chains,” said Jan Jenisch, Holcim Chairman and CEO, in a statement. “We are excited to be partnering with Volvo to decarbonize our European operations’ logistics with electric fleets, advancing our goal to reach 30% of zero-emission heavy-duty truck purchases or contracts by 2030.”
Holcim and Volvo Group are committed to the Science Based Targets initiative (SBTi). In November 2022, Holcim launched its upgraded 2030 climate targets, validated by the SBTi, in line with its sector’s new 1.5°C science-based framework. With these upgraded targets, Holcim confirms its commitment to decarbonize buildings in line with the most advanced science.
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