Swedish startup Volta unveils electric truck, to manufacture in UK

a bus driving down a street: The new Volta Truck is seen in Farnborough (C) Reuters/VOLTA TRUCKS The new Volta Truck is seen in Farnborough

STOCKHOLM (Reuters) - Swedish startup Volta Trucks on Thursday unveiled its Volta Zero, a 16-tonne electric truck, with plans to start production in 2022 in the United Kingdom. Following the success of companies such as Tesla in popularising electric cars, electric trucks have also been getting a lot of attention from existing players such as Volvo and Daimler and startups like Rivian and Nikola.

a truck on a city street: The new Volta Truck is seen in Farnborough (C) Reuters/VOLTA TRUCKS The new Volta Truck is seen in Farnborough

Trials will start next year with parcel delivery companies such as DPDgroup in the UK and other firms in Europe and Volta aims to put 500 vehicles on the road by 2022, CEO Rob Fowler told Reuters. "We are also well progressed with another seven or eight customers," he said.

The company said the first Volta vehicle was manufactured by Prodrive in Warwick, England, and it is in discussion with a small number of suppliers for contract manufacturing of its trucks.

a truck is parked on the side of a road: The new Volta Zero Truck is seen in Farnborough (C) Reuters/VOLTA TRUCKS The new Volta Zero Truck is seen in Farnborough

It declined to give details about its current funding. Fowler said that the company is interested in raising funds to fuel the capital-intensive business.

a bus parked in front of a building: The new Volta Zero Truck is seen in Farnborough (C) Reuters/VOLTA TRUCKS The new Volta Zero Truck is seen in Farnborough

(Reporting by Supantha Mukherjee in Stockholm; editing by Jason Neely)

a truck is parked on the side of a road: The new Volta Truck is seen in Farnborough (C) Reuters/VOLTA TRUCKS The new Volta Truck is seen in Farnborough

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