Volvo Group of Sweden said on Monday it has sold 1,000 battery electric trucks to Holcim of Switzerland, while also announcing progress on its way to commercializing hydrogen-powered fuel cell versions.
Volvo’s fuel-cell trucks have been tested on public roads. The next step is operational testing with hauliers. Sales should start before the end of the decade. Big issues to overcome include the supply of green hydrogen and the lack of a refueling infrastructure.
The deal with Holcim, which makes and sells building materials such as cement and ready-mixed concrete, calls for delivery of the trucks between now and 2030. Holcim operates in 60 countries and has about 60,000 employees.
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