Swedish automaker Volvo Trucks has announced a major advancement in electric vehicle technology with the upcoming launch of a long-range variant of its FH Electric truck. This new model is set to offer an impressive range of up to 600 kilometers (373 miles) on a single charge, addressing the needs of customers who require extended haul capabilities. The truck is expected to be available in the second half of 2025.

The FH Electric will incorporate cutting-edge electronic axle technology, integrating the motor, gearbox, and axle into a single unit. This innovation will enhance battery capacity and efficiency, allowing for the extended range while optimizing overall performance.

Jan Hjelmgren, Volvo Trucks’ Head of Product Management and Quality, highlighted the company’s commitment to accelerating its green investments. However, he emphasized that broader adoption of zero-emission vehicles would require more substantial support from policymakers to ensure consistent green policies and adequate subsidies.

Despite a recent surge in demand for heavy trucks in Europe—culminating in the highest delivery levels in over 15 years—market growth is anticipated to slow this year. The electric truck segment has faced challenges, including higher costs compared to diesel counterparts, ranging between 250,000 euros and 400,000 euros ($276,525 to $442,440), and a decline in market share due to inconsistent green policies and insufficient political support.

To bolster its global presence, Volvo Trucks has also selected Monterrey, Mexico, as the site for its new $700 million North American truck manufacturing plant. The facility, scheduled to commence operations in 2026, will play a pivotal role in meeting the growing demand for Volvo trucks in the North American market. Hjelmgren noted that the Monterrey plant would provide the necessary industrial capacity to support the company’s expansion efforts in this region.

The introduction of the FH Electric with its extended range represents a significant step forward in Volvo’s mission to lead the transition to sustainable transport solutions. As the industry navigates the challenges of electrification and regulatory hurdles, Volvo’s latest model is poised to set new standards for long-distance electric trucking.

By aparna

I am Aparna Sahu Investment Specialist and Financial Writer With 2 years of experience in the financial sector, Aparna  brings a wealth of knowledge and insight to Investor Welcome. As an accomplished author and investment specialist, Aparna  has a passion for demystifying complex financial concepts and empowering investors with actionable strategies. She has been featured in relevant publications, if any, and is dedicated to providing clear, evidence-based analysis that helps clients make informed investment decisions. Aparna  holds a relevant degree or certification and is committed to staying ahead of market trends to deliver the most up-to-date advice.

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