Volta Trucks has announced it has been awarded subsidy funding from the Federal Ministry of Digital Affairs and Transport in Germany.
The funding approval amounts to €24.6 million and will cover 151 all-electric Volta Zero trucks to be delivered to customers in 2023. This funding will allow Volta trucks’ customers to benefit from a significant reduction in vehicle costs, making the switch to an electric vehicle fleet even more attractive for many German companies.
The subsidy awarded in Germany for the Volta Zero is part of the German government’s Climate Protection Programme 2030. The goal is to put low-CO2 emitting commercial vehicles on the road and expand the refuelling and charging infrastructure. By 2030, around one third of the heavy goods transport in Germany is expected to be electric or based on electricity-based fuels.
The Volta Zero is a purpose-built, full-electric 16-tonne commercial vehicle designed for inner-city freight distribution. It has a range of up to 200 km (125 miles), and its unique design features a central driving position, improving driver visibility and reducing driver fatigue.
“We are delighted that the Volta Zero has been successful in securing the subsidy funding from the Federal Ministry in Germany. This is a major achievement and enormous recognition for our all-electric truck even before the official start of production in the second quarter of this year,” says Usuf Schermo, Area Sales Manager Germany & Austria at Volta Trucks. “With the new climate and transformation fund, Germany is becoming an absolute pioneer in Europe, from which Volta Trucks customers can now also benefit.”