Volvo Trucks shares volume, market share records in 2022

Volvo Trucks shares volume, market share records in 2022

The company says it executed its best performance in 2022 in the company’s history.

Volvo Trucks says it had a record year in 2022, delivering an all-time high number of its trucks to customers and also increasing its market share in 41 countries. The company says it executed its best performance in 2022 in the company’s history. According to a press release, the global truck manufacturer delivered 145,195 trucks in 2022, an increase of 19% from 2021, when 122,525 trucks were delivered. Volvo Trucks adds it also increased its market share in the heavy truck segment (great than or equal to 16 tonnes) in 41 markets globally, despite supply chain shortages that prevailed throughout the year.  

In Europe, Volvo Trucks has a market share of 18.2%, the company notes. Additionally, Volvo Trucks says it increased its market shares in North America and Australia, to 10.8% and 17.0%, respectively. In Brazil, Volvo Trucks increased its market share to 24.6% and thereby became the market leader for the first time ever, the company says.  

Volvo Trucks started series production of heavy-duty electric trucks in 2022. Deliveries of electric trucks are now showing a positive and increasing trend, the company says, adding that the US, Germany, Netherlands, Norway and Sweden are today the biggest markets for Volvo’s electric trucks. 

You May Also Like

Daimler Truck N.A., Salem, Electrada partner to electrify logistics

The companies say the partnership builds on growing zero-emission vehicle integration, and furthers commitments to sustainable trucking.

Daimler-Salem-Electrada-EV-Partnership-2

Daimler Truck North America (DTNA) and Salem Carriers, Inc., a contract logistics company, announced a collaboration to electrify DTNA’s inbound logistics operations at the Salem Carriers hub near Charlotte, NC.

Daimler Truck Financial Services (DTFS) is involved in the project, partnering with Electrada, a fleet electrification solutions company headquartered in Cincinnati, OH. The companies say they worked together on an all-in-one Charging-as-a-Service (CaaS) solution with a fixed and predictable monthly rate. This solution, according to the companies, covers development, operation and maintenance of the charging infrastructure as well as the energy contract.

Beyond a one-size-fits-all trucking decarbonization strategy

Much of the responsibility now falls on the fleet, but that should be a welcome change.

2024-ACT-After-the-Show-Floor-1400
Martin Brower expands Volvo EV fleet to deliver to Canadian McDonald’s

Adding 10 Volvo VNR Electric trucks supports McDonald’s goals of reaching net-zero greenhouse gas emissions by 2050.

Martin-brower-McDonald-Volvo-VNR-Electric-truck
Used Class 8 truck sales drop 1.5% amid weaker freight market

In addition to the slight drop in m/m sales, ACT noted a 15% drop in used Class 8 pricing, y/y.

Used-Cl8-Retail-Summary-Heat-Map-May-2024
PGT Trucking adds new facilities in KY, SC

The company aims to offer increased service opportunities for our customers and drivers while expanding its reach in the southeastern U.S.

PGT-Flatbed-Truck-non-specific
Other Posts
What is ‘Trucks-as-a-Service’?

We talk with Volvo Trucks about the service that aims to ease fleets into making the EV transition.

Trucking-Sustainably-truck-as-a-service
Mack delivers LR Electric refuse truck to City of Portland, Maine

The Mack LR Electric offers a standard 376 kWh total battery capacity for 42% more energy and increased range between vehicle charges.

Mack-LR-Electric
Go inside the Kenworth SuperTruck 2

We detail the specs and technology of the Bullet Train-inspired truck and talk through the equipment that could make it to production.

Kenworth-Super-Truck-2-ACT-1400B
Scania Touring variant runs on natural gas, biogas

Able to run on both natural gas, biogas, or a mix of both, this Scania Touring variant helps with sustainable long-distance transport. 

Scania-Touring-variant-natural-gas-biogas-Powertrain-1