Page 22 - Volta Zero News Today

Source: Volta Trucks announcement SIGTUNA, Sweden – Volta Trucks, the leading full-electric commercial vehicle manufacturer, has selected Meritor, Inc. as the strategic drivetrain component supplier for the Volta Zero. This major purchasing milestone will support the delivery of Volta Zero vehicles for customer trials during 2021, and the start of series production approximately 12 months later. The Volta Zero will be the first full-electric large commercial vehicle in Europe to use an innova...

Volta Trucks selects Meritor to supply electric drivetrain for the Volta Zero Volta Trucks has selected Meritor as the strategic drivetrain component supplier for the Volta Zero electric truck. This major purchasing milestone will support the delivery of Volta Zero vehicles for customer trials during 2021, and the start of series production around 12 months afterwards. The Volta Zero will be the first full-electric large commercial vehicle in Europe to use an innovative eAxle to drive the rear ...

Share: Meritor Inc. (NYSE: MTOR) will begin producing a fully integrated all-electric powertrain for heavy-duty trucks, freeing up space for additional batteries while cutting up to 800 pounds from the weight of a conventional chassis. "Were not just bolting that onto our axle. Were integrating it, and that saves space and it saves weight," said John Bennett, Meritor vice president and chief technology officer. "To do that effectively and reliably is no small task." Bennett claims the Blue Hori...

Meritor Awarded Volta Trucks Business to Produce Electric Powertrains News provided by Share this article Share this article TROY, Mich., Feb. 3, 2021 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced it has entered into a three-year supply agreement with Volta Trucks, a London-based electric commercial vehicle startup. Meritor will supply Volta Trucks with its Blue Horizon™ 14Xe™ integrated ePowertrain. "Meritor is excited to work with Volta Trucks to bring electric commercial veh...

Volta Trucks selects Meritor to supply the electric drivetrain for the Volta Zero Volta Trucks has confirmed the appointment of Meritor as the strategic drivetrain component supplier for the Volta Zero. This major purchasing milestone will support the delivery of Volta Zero vehicles for customer trials during 2021, and the start of series production around 12 months afterwards. The Volta Zero will be the first full-electric large commercial vehicle in Europe to use an innovative eAxle to drive ...

Electric commercial vehicle maker Volta Trucks closes $20M round; order book at $260M Volta Trucks, a manufacturer of full-electric commercial vehicles, closed a $20-million convertible debt funding raise. Leading the raise was New York-based investment firm, Luxor Capital; Luxor Capital joins previous lead investor, Byggmästare Anders J Ahlström of Stockholm, and a number of supporting shareholders. The order book for the Volta Zero, a purpose-built full-electric large commercial vehicle, no...

Volta Trucks has revealed that the current value of its order books stands at $260m. In a statement the electric truck manufacturer, that hopes to produces its first vehicle this year, said the total follows a successful commercial period of customer acquisition and has a  “significant number of additional vehicle orders expected to be announced in the coming weeks”. The first Volta Zero trucks are expected to be operating with customers in late 2021 and following a round of funding in whi...

Volta Trucks the fully-electric commercial vehicle manufacturer, has announced the successful conclusion of its recent funding round of $20 million.

Volta Trucks Concludes $20 Million In Funding Round ++ Volta Trucks announced a successful funding round with $20 million of new investment, led by New York-based Luxor Capital Group, LP. The amount is probably not particularly big, but we guess that its a significant milestone for the startup electric truck company that intends to launch on the market a purpose-built electric-only model: Volta Zero. Our attention was caught by another number - the order book reaches $260 million, which in...