Volvo Trucks to supply 20 electric trucks to Amazon
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Volvo Trucks (OTCPK:VLVLY) has struck a deal with Amazon (NASDAQ:AMZN) Transportation Services Europe to supply 20 heavy-duty electric trucks in Germany by year end.
The 20 Volvo FH Electric will replace Amazon's existing diesel fleet and play a key role in electrification initiatives through its transportation chain.

Volvo started series production of heavy-duty electric trucks in September 2022. The Volvo FH Electric is said to feature a battery capacity of 540 kWh with 490kW of continuous output power. The range is up to 300km, but the truck can cover up to 500km during a normal workday if a top-up charge is added.