Volvo Trucks Awarded $21.7M from U.S. EPA and South Coast AQMD to Deploy 70 Class 8 VNR Electric Zero-Emission Trucks
Volvo Trucks North America has been awarded $21.7 million in grants for deploying 70 VNR Electric trucks in Southern California, funded by the EPA and the South Coast Air Quality Management District. The deployment aims to improve air quality and will start in 2021, concluding in 2023. This initiative is part of the Volvo LIGHTS project, targeting zero-emission freight transport. The trucks are expected to reduce emissions by over 152.63 tons of NOx and 53,160 tons of CO2 over their lifetime, promoting sustainability in the trucking industry.
- Awarded $21.7 million in grants for the deployment of 70 VNR Electric trucks.
- Expected lifetime emissions reductions of over 152.63 tons of NOx and 53,160 tons of CO2.
- Part of the Volvo LIGHTS project to enhance battery-electric truck deployment.
- None.
GÖTEBORG, Sweden, Oct. 19, 2020 /PRNewswire/ -- Volvo Trucks North America was awarded
Volvo Trucks will deliver the EPA-funded VNR Electric trucks to Southern California fleet operators starting in 2021 through the third quarter of 2022, allowing for at least a full year of operations by the end of the project period in 2023. The announcement comes as Volvo Trucks nears the official commercial launch of its VNR Electric truck model later this year.
Volvo Trucks will leverage best practices learned from the Volvo LIGHTS (Low Impact Green Heavy Transport Solutions) project, its collaboration with South Coast AQMD and 13 other organizations to develop an end-to-end blueprint to successfully introduce battery-electric trucks and equipment into the market at scale. Combined with the other 25 truck deployments through the Volvo LIGHTS project, Volvo Trucks is committed to delivering nearly 100 VNR Electric trucks to the region for zero-emission freight transport.
"This grant provides Volvo Trucks with an excellent opportunity to further expedite the success of the ecosystem designed through the Volvo LIGHTS project to support the wide-scale deployment of battery-electric heavy-duty trucks," said Peter Voorhoeve, president of Volvo Trucks North America. "We applaud the EPA and South Coast AQMD for addressing the key issues in advancing electromobility and incentivizing technology investments in the region, and are proud they continue to trust in Volvo Trucks North America to lead the acceleration of Class 8 zero-emission vehicles."
The U.S. Environmental Protection Agency's (EPA) Targeted Air Shed Grant Program focuses on the regions that have the highest ozone and particulate matter (PM) pollution, including California's South Coast Air Basin. South Coast AQMD is the agency responsible for attaining state and federal air quality standards for this region-including the counties of Los Angeles, Orange, San Bernardino, Riverside, and the Coachella Valley.
"The EPA Targeted Air Shed Grant has enabled South Coast AQMD to continue partnering with Volvo Trucks for the swift deployment of nearly 100 heavy-duty zero-emission trucks," said Wayne Nastri, executive officer for South Coast AQMD. "Innovative collaborations like this are key to bringing clean air to Southern California. South Coast AQMD is pleased to fund the charging infrastructure to support these new heavy-duty trucks that will operate in disadvantaged communities facing the brunt of air pollution."
The 70 Volvo VNR Electric trucks deployed through this grant are anticipated to provide lifetime emission reduction benefits in excess of 152.63 tons of NOx, 1.317 tons of PM2.5, and 53,160 tons of CO2. As part of the project, South Coast AQMD will lead a data analysis effort to evaluate the full breadth of emission reduction opportunities presented by battery-electric trucks.
Volvo Trucks will also gather deployment data to further refine total cost of ownership calculations including actual vehicle maintenance and fuel cost savings-which can be even lower when combined with low carbon fuel standard credits and managed charging to reduce demand charges. Learnings from this project will allow Volvo Trucks to fine-tune the production at its New River Valley plant in Virginia, enabling seamless integration of the of the VNR Electric truck model into its manufacturing process for optimized, quality production.
"Volvo Trucks supports our pioneering fleet customers in paving the way to a real-world, sustainable transport future. The large volume of early Volvo VNR Electric deployments in Southern California will help us kick-start this year's successful commercial launch in North America," noted Voorhoeve.
To learn more about Volvo Trucks' electromobility efforts, visit the Volvo Trucks North America website.
October 19, 2020
Journalists wanting further information, please contact:
Jennifer Edwards, Volvo Trucks North America Media Relations,
phone +1 336-392-9396 or email Jennifer.Edwards@volvo.com
For more information, please visit volvogroup.com/electromobility
The Volvo Group drives prosperity through transport and infrastructure solutions, offering trucks, buses, construction equipment, power solutions for marine and industrial applications, financing and services that increase our customers' uptime and productivity. Founded in 1927, the Volvo Group is committed to shaping the future landscape of sustainable transport and infrastructure solutions. The Volvo Group is headquartered in Gothenburg, Sweden, employs almost 100.000 people and serves customers in more than 190 markets. In 2019, net sales amounted to about SEK 432 billion (EUR 40.5 billion). Volvo shares are listed on Nasdaq Stockholm.
This information was brought to you by Cision http://news.cision.com
The following files are available for download:
201019-volvo-trucks-north-america-to-deliver-electric-trucks-pressrelease-eng.pdf | |
https://news.cision.com/ab-volvo/i/image-1860x1050-clean-vehicles-parade,c2839641 | image-1860x1050-clean-vehicles-parade |
View original content:http://www.prnewswire.com/news-releases/volvo-trucks-awarded-21-7m-from-us-epa-and-south-coast-aqmd-to-deploy-70-class-8-vnr-electric-zero-emission-trucks-301154794.html
SOURCE AB Volvo
FAQ
What is the significance of the $21.7 million grant awarded to Volvo Trucks (VLVLY)?
When will the deployment of VNR Electric trucks by Volvo Trucks occur?
What emissions reductions are expected from the deployment of Volvo's VNR Electric trucks?
How does the Volvo LIGHTS project relate to the grant received by Volvo Trucks (VLVLY)?
Who is funding the $21.7 million grants for Volvo Trucks (VLVLY)?
