Core Insights - Volvo Trucks North America is leading the transition to electromobility with over 700 VNR Electric trucks operating in the U.S. and Canada, achieving more than 20 million zero-tailpipe-emission miles and eliminating approximately 34,000 metric tons of CO₂ [1][2] Group 1: Electrification Progress - Since the launch of its first electric trucks in 2019, Volvo has delivered over 5,700 electric vehicles across 50 countries, collectively driving 250 million kilometers (155 million miles) [2] - Volvo Trucks maintains an average market share of over 30% in the North American electric truck segment over the past five years [2] Group 2: Dealer Network Expansion - The Certified EV dealership network has expanded to 83 locations across 33 U.S. states and four Canadian provinces, with recent additions in Colorado, Louisiana, Maryland, and Nevada [4][16] - Certified dealers undergo extensive EV training and invest in facility upgrades to provide full sales and service support for battery-electric trucks [5] Group 3: Commitment to Sustainability - Volvo Trucks is advancing cleaner solutions across its product range, with the new Volvo VNL offering up to 10% better fuel efficiency than its predecessor, translating to about 1,300 fewer gallons of fuel and a reduction of roughly 30,000 pounds of CO₂ for a truck running 120,000 miles per year [6] - The company employs a three-path approach to decarbonization, incorporating fuel-efficient combustion engines, battery-electric, and fuel-cell electric trucks [7] Group 4: Global Electric Portfolio - Volvo Trucks' electric vehicles are operational in 50 countries, with strong markets in Germany, the Netherlands, Norway, Sweden, and the U.S., offering eight fully electric truck models for various applications [9] Group 5: Historical Context - The leadership in zero-tailpipe emission transportation began with the launch of the Volvo VNR Electric as part of the $90 million Volvo LIGHTS Project, which aimed to support the adoption of heavy-duty battery-electric trucks [10]