Volt Mobility, a commercial leasing giant known for its prestigious clientele like UPS, DHL, and FedEx, is taking a significant leap in the electric vehicle (EV) market. The company has placed a substantial order for 3,000 electric trucks from Mullen Automotive, marking a strategic move that could redefine logistics in the Gulf Cooperation Council (GCC) region.

A Landmark Deal for Mullen and Volt Mobility

In a deal valued at $210 million, Volt Mobility has ordered 3,000 class 1 and class 3 electric cargo vans from Mullen Automotive. This order, set for delivery over the next sixteen months, will position Volt Mobility as a leader in the transition to sustainable logistics within the GCC, which includes key markets like Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE).

David Michery, CEO and Chairman of Mullen Automotive, expressed enthusiasm about the partnership, stating, "Volt Mobility is revolutionising how businesses and individuals move across the UAE and the broader GCC region. This agreement not only gives Mullen significant exposure to global transportation leaders but also enhances the potential for our electric vehicles to play a crucial role in the Middle East’s push towards sustainability."

Why the GCC is Embracing Electric Vehicles?

The GCC, traditionally known for its reliance on fossil fuels, is now witnessing a growing shift towards greener alternatives. The decision by Volt Mobility to invest in such a large fleet of electric trucks reflects a broader regional trend towards sustainability and innovation. The Middle East's governments are increasingly promoting environmental initiatives, making it an opportune time for companies like Volt Mobility to lead by example.

Sophia Nau, Managing Director and CFO of Volt Mobility, underscored the company's pioneering spirit, stating, "At Volt, we don’t just follow trends; we set them. Our mission is clear: to lead the transformation to sustainable, efficient, and cutting-edge transportation."

Mullen's Manufacturing Might: The Tunica Facility

The electric trucks ordered by Volt Mobility will be assembled at Mullen’s Commercial Vehicle Facility in Tunica, Mississippi. This plant, a former General Motors site, has the capacity to produce 20,000 class 1 and 6,000 class 3 vehicles annually with two production shifts. This manufacturing strength is critical for Mullen as it seeks to meet the high demand from Volt Mobility and other clients.

The financial details of the deal reveal that Mullen will receive an initial $3 million deposit within 60 days, with subsequent payments tied to the delivery of the vehicles. This structured payment plan underscores the confidence both companies have in the successful execution of this landmark agreement.

The Road Ahead: Challenges and Opportunities

Mullen Automotive’s partnership with Volt Mobility represents a significant milestone in the company's journey. Despite the challenges and scepticism that have often surrounded Mullen, this deal positions the automaker as a resilient player in the EV market. The partnership also signals a shift in the logistics industry, particularly in the Middle East, where the adoption of electric vehicles has been slower compared to other regions.

The decision by Volt Mobility to opt for electric trucks over traditional diesel-powered vehicles is not just a business choice; it reflects a broader commitment to sustainability and innovation. As the world grapples with climate change and environmental degradation, such moves are becoming increasingly critical.

A Bold Move in a Changing Market

Volt Mobility’s $210 million investment in Mullen’s electric trucks is more than just a purchase; it’s a statement of intent. The company is not only aiming to meet the logistical needs of its clients but also to lead the way in sustainable transportation. This bold move could set a precedent for other logistics firms in the GCC and beyond, signalling a new era of green logistics in a region traditionally dominated by oil.

As the first of these electric trucks begin to roll out, all eyes will be on Volt Mobility and Mullen to see if they can deliver on their promise of transforming transportation in the Middle East. The success of this partnership could have far-reaching implications, not just for the companies involved, but for the global logistics and automotive industries as a whole.

Volt Mobility, a commercial leasing giant known for its prestigious clientele like UPS, DHL, and FedEx, is taking a significant leap in the electric vehicle (EV) market.

Volt Mobility, a commercial leasing giant known for its prestigious clientele like UPS, DHL, and FedEx, is taking a significant leap in the electric vehicle (EV) market. The company has placed a substantial order for 3,000 electric trucks from Mullen Automotive, marking a strategic move that could redefine logistics in the Gulf Cooperation Council (GCC) region. A Landmark Deal for Mullen and Volt Mobility In a deal valued at $210 million, Volt Mobility has ordered 3,000 class 1 and class 3 electric cargo vans from Mullen Automotive. This order, set for delivery over the next sixteen months, will position Volt Mobility as a leader in the transition to sustainable logistics within the GCC, which includes key markets like Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates (UAE). David Michery, CEO and Chairman of Mullen Automotive, expressed enthusiasm about the partnership, stating, "Volt Mobility is revolutionising how businesses and individuals move across the UAE and the broader GCC region. This agreement not only gives Mullen significant exposure to global transportation leaders but also enhances the potential for our electric vehicles to play a crucial role in the Middle East’s push towards sustainability." Why the GCC is Embracing Electric Vehicles? The GCC, traditionally known for its reliance on fossil fuels, is now witnessing a growing shift towards greener alternatives. The decision by Volt Mobility to invest in such a large fleet of electric trucks reflects a broader regional trend towards sustainability and innovation. The Middle East's governments are increasingly promoting environmental initiatives, making it an opportune time for companies like Volt Mobility to lead by example. Sophia Nau, Managing Director and CFO of Volt Mobility, underscored the company's pioneering spirit, stating, "At Volt, we don’t just follow trends; we set them. Our mission is clear: to lead the transformation to sustainable, efficient, and cutting-edge transportation." Mullen's Manufacturing Might: The Tunica Facility The electric trucks ordered by Volt Mobility will be assembled at Mullen’s Commercial Vehicle Facility in Tunica, Mississippi. This plant, a former General Motors site, has the capacity to produce 20,000 class 1 and 6,000 class 3 vehicles annually with two production shifts. This manufacturing strength is critical for Mullen as it seeks to meet the high demand from Volt Mobility and other clients. The financial details of the deal reveal that Mullen will receive an initial $3 million deposit within 60 days, with subsequent payments tied to the delivery of the vehicles. This structured payment plan underscores the confidence both companies have in the successful execution of this landmark agreement. The Road Ahead: Challenges and Opportunities Mullen Automotive’s partnership with Volt Mobility represents a significant milestone in the company's journey. Despite the challenges and scepticism that have often surrounded Mullen, this deal positions the automaker as a resilient player in the EV market. The partnership also signals a shift in the logistics industry, particularly in the Middle East, where the adoption of electric vehicles has been slower compared to other regions. The decision by Volt Mobility to opt for electric trucks over traditional diesel-powered vehicles is not just a business choice; it reflects a broader commitment to sustainability and innovation. As the world grapples with climate change and environmental degradation, such moves are becoming increasingly critical. A Bold Move in a Changing Market Volt Mobility’s $210 million investment in Mullen’s electric trucks is more than just a purchase; it’s a statement of intent. The company is not only aiming to meet the logistical needs of its clients but also to lead the way in sustainable transportation. This bold move could set a precedent for other logistics firms in the GCC and beyond, signalling a new era of green logistics in a region traditionally dominated by oil. As the first of these electric trucks begin to roll out, all eyes will be on Volt Mobility and Mullen to see if they can deliver on their promise of transforming transportation in the Middle East. The success of this partnership could have far-reaching implications, not just for the companies involved, but for the global logistics and automotive industries as a whole.

Volt Mobility orders 3,000 electric trucks from Mullen in USD 210 mn deal

Isuzu's latest addition to its medium-duty truck lineup, the electric NRR-EV, has reached a significant milestone in its journey to market. As anticipated, the vehicle has successfully obtained zero-emission certifications from two of the most influential environmental regulatory bodies in the United States: the California Air Resource Board (CARB) and the Environmental Protection Agency (EPA). This dual certification, while expected, marks a crucial step in the truck's development and commercialisation process. With these approvals now secured, Isuzu has officially launched the NRR-EV for sale across the entire United States.

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The NRR-EV represents an electrified version of Isuzu's highly successful low cab-forward commercial truck series, which has long held the title of America's best-selling brand in its category. Isuzu is strategically positioning the NRR-EV as a compelling option for fleet operators who are actively seeking ways to diminish their overall carbon footprint. This move aligns with growing industry trends towards sustainability and increasing regulatory pressures to reduce emissions in the commercial vehicle sector.

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Shaun Skinner, President of Isuzu Commercial Truck of America, emphasised the significance of this development, stating, "For us at Isuzu, this truck showcases our commitment to innovation in delivering sustainable transportation solutions for the future." He further elaborated on the importance of the certifications, noting, "The certifications for our NRR-EV are a major step in providing customers with a medium-duty vehicle that lessens their carbon footprint and meets new fleet regulations."

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The NRR-EV boasts impressive versatility in its design, offering customers a range of battery configurations to suit various operational needs. The options span from a base setup of three 20 kWh battery packs (totaling 60 kWh) to a maximum configuration of nine 20 kWh packs, with intermediate options of five and seven packs available. The most extensive nine-pack version delivers an impressive range of up to 235 miles on a single charge, while maintaining a substantial Gross Vehicle Weight Rating (GVWR) of 19,500 pounds. Regardless of the chosen battery configuration, all NRR-EV models are equipped with a robust 150 kW electric motor capable of producing 380 lb-ft of torque, available instantly from 0 rpm - a characteristic advantage of electric powertrains.

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Looking ahead, Isuzu has outlined its production plans for the NRR-EV. Assembly of these electric trucks is scheduled to commence in August 2024 at the company's facility in Charlotte, Michigan. Following the start of production, Isuzu anticipates initiating customer deliveries in the fourth quarter of the same year.

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The introduction of the NRR-EV is particularly noteworthy given the ubiquity and reputation of Isuzu's N-series trucks. These vehicles have garnered widespread popularity for several compelling reasons: they are known for their reliability, affordability, and benefit from an extensive support network through GM dealerships nationwide. From a design perspective, the N-series trucks are praised for their uncluttered interiors and superior visibility, attributes that are likely to carry over to the electric variant.

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The article concludes with a personal note from the author, expressing enthusiasm for Isuzu's trucks and anticipation for the opportunity to test drive the electric NRR-EV. This sentiment reflects the broader industry interest in the electrification of commercial vehicles and the potential impact of Isuzu's entry into this growing market segment.

Isuzu's latest addition to its medium-duty truck lineup, the electric NRR-EV, has reached a significant milestone in its journey to market. As anticipated, the vehicle has successfully obtained zero-emission certifications from two of the most influential environmental regulatory bodies in the United States: the California Air Resource Board (CARB) and the Environmental Protection Agency (EPA).

Isuzu's latest addition to its medium-duty truck lineup, the electric NRR-EV, has reached a significant milestone in its journey to market. As anticipated, the vehicle has successfully obtained zero-emission certifications from two of the most influential environmental regulatory bodies in the United States: the California Air Resource Board (CARB) and the Environmental Protection Agency (EPA). This dual certification, while expected, marks a crucial step in the truck's development and commercialisation process. With these approvals now secured, Isuzu has officially launched the NRR-EV for sale across the entire United States. The NRR-EV represents an electrified version of Isuzu's highly successful low cab-forward commercial truck series, which has long held the title of America's best-selling brand in its category. Isuzu is strategically positioning the NRR-EV as a compelling option for fleet operators who are actively seeking ways to diminish their overall carbon footprint. This move aligns with growing industry trends towards sustainability and increasing regulatory pressures to reduce emissions in the commercial vehicle sector. Shaun Skinner, President of Isuzu Commercial Truck of America, emphasised the significance of this development, stating, "For us at Isuzu, this truck showcases our commitment to innovation in delivering sustainable transportation solutions for the future." He further elaborated on the importance of the certifications, noting, "The certifications for our NRR-EV are a major step in providing customers with a medium-duty vehicle that lessens their carbon footprint and meets new fleet regulations." The NRR-EV boasts impressive versatility in its design, offering customers a range of battery configurations to suit various operational needs. The options span from a base setup of three 20 kWh battery packs (totaling 60 kWh) to a maximum configuration of nine 20 kWh packs, with intermediate options of five and seven packs available. The most extensive nine-pack version delivers an impressive range of up to 235 miles on a single charge, while maintaining a substantial Gross Vehicle Weight Rating (GVWR) of 19,500 pounds. Regardless of the chosen battery configuration, all NRR-EV models are equipped with a robust 150 kW electric motor capable of producing 380 lb-ft of torque, available instantly from 0 rpm - a characteristic advantage of electric powertrains. Looking ahead, Isuzu has outlined its production plans for the NRR-EV. Assembly of these electric trucks is scheduled to commence in August 2024 at the company's facility in Charlotte, Michigan. Following the start of production, Isuzu anticipates initiating customer deliveries in the fourth quarter of the same year. The introduction of the NRR-EV is particularly noteworthy given the ubiquity and reputation of Isuzu's N-series trucks. These vehicles have garnered widespread popularity for several compelling reasons: they are known for their reliability, affordability, and benefit from an extensive support network through GM dealerships nationwide. From a design perspective, the N-series trucks are praised for their uncluttered interiors and superior visibility, attributes that are likely to carry over to the electric variant. The article concludes with a personal note from the author, expressing enthusiasm for Isuzu's trucks and anticipation for the opportunity to test drive the electric NRR-EV. This sentiment reflects the broader industry interest in the electrification of commercial vehicles and the potential impact of Isuzu's entry into this growing market segment.

Isuzu NRR-EV medium duty electric truck earns 50-state approval

Liebherr, a renowned manufacturer of construction and mining equipment, and Fortescue, a major player in the mining industry, have jointly announced an ambitious project that they claim is a pioneering effort in the field of autonomous mining vehicles. The two companies are collaborating to develop what they describe as the world's first fully Autonomous Haulage Solution (AHS) for their massive 264-ton haul trucks, which have been converted to run on battery electric power.

This groundbreaking initiative has already entered its testing phase, with on-site validation of a fleet comprising four zero-emission Liebherr T 264 autonomous trucks equipped with the AHS technology. The testing commenced earlier this month at a specially constructed facility within the Fortescue Christmas Creek mine. It's worth noting that this active mining site is also serving as a testing ground for Liebherr's battery-electric converted excavator, highlighting the company's commitment to electrifying heavy mining equipment.

Oliver Weiss, who holds the position of Executive Vice President for Research and Development, Engineering, and Production at Liebherr Mining, expressed enthusiasm about the partnership. He stated, "With our teams now fully integrated, Liebherr is excited to formally announce our partnership with Fortescue to collectively develop and deploy our Autonomous Haulage Solution." 

Weiss emphasised Liebherr's longstanding commitment to market-driven product development and expressed gratitude for the opportunity to collaborate with Fortescue. He further noted that the benefits of this joint effort would extend beyond Fortescue to all customers who choose to implement Liebherr's technological solutions at their mining sites.

The scope of the AHS development project is comprehensive. In addition to the autonomous haulage system itself, Liebherr and Fortescue are working on creating an integrated Fleet Management System. They are also developing a Machine Guidance Solution, although interestingly, these latter two components have not been assigned acronyms. A key feature of these systems is their ability to operate independently alongside human-operated machines, ensuring flexibility and adaptability in various mining scenarios.

Following the successful completion of the AHS validation cycle, there are plans to implement the Autonomous Haulage Solution across all of Fortescue's global mining operations. This widespread deployment underscores the confidence both companies have in the technology and its potential to revolutionise mining operations.

Weiss further elaborated on the significance of this development, stating, "This development will allow us to offer the global market a complete AHS." He emphasised that these innovative technologies are part of Liebherr's expanding range of technological products and represent a significant step forward in the company's strategy to position itself as a comprehensive solution provider for the mining industry.

Looking to the future, Liebherr has announced its intention to offer the Autonomous Haulage Solution to other mining customers as well. This move aligns with the company's ongoing efforts to expand its portfolio of autonomous technologies, further cementing its position as a leader in mining equipment innovation.

This collaboration between Liebherr and Fortescue represents a significant leap forward in the application of autonomous technology in the mining sector. By combining Liebherr's expertise in equipment manufacturing with Fortescue's operational experience, the partnership aims to create a solution that could potentially transform the efficiency, safety, and sustainability of mining operations worldwide.

Liebherr, a renowned manufacturer of construction and mining equipment, and Fortescue, a major player in the mining industry, have jointly announced an ambitious project that they claim is a pioneering effort in the field of autonomous mining vehicles.

Liebherr, a renowned manufacturer of construction and mining equipment, and Fortescue, a major player in the mining industry, have jointly announced an ambitious project that they claim is a pioneering effort in the field of autonomous mining vehicles. The two companies are collaborating to develop what they describe as the world's first fully Autonomous Haulage Solution (AHS) for their massive 264-ton haul trucks, which have been converted to run on battery electric power. This groundbreaking initiative has already entered its testing phase, with on-site validation of a fleet comprising four zero-emission Liebherr T 264 autonomous trucks equipped with the AHS technology. The testing commenced earlier this month at a specially constructed facility within the Fortescue Christmas Creek mine. It's worth noting that this active mining site is also serving as a testing ground for Liebherr's battery-electric converted excavator, highlighting the company's commitment to electrifying heavy mining equipment. Oliver Weiss, who holds the position of Executive Vice President for Research and Development, Engineering, and Production at Liebherr Mining, expressed enthusiasm about the partnership. He stated, "With our teams now fully integrated, Liebherr is excited to formally announce our partnership with Fortescue to collectively develop and deploy our Autonomous Haulage Solution." Weiss emphasised Liebherr's longstanding commitment to market-driven product development and expressed gratitude for the opportunity to collaborate with Fortescue. He further noted that the benefits of this joint effort would extend beyond Fortescue to all customers who choose to implement Liebherr's technological solutions at their mining sites. The scope of the AHS development project is comprehensive. In addition to the autonomous haulage system itself, Liebherr and Fortescue are working on creating an integrated Fleet Management System. They are also developing a Machine Guidance Solution, although interestingly, these latter two components have not been assigned acronyms. A key feature of these systems is their ability to operate independently alongside human-operated machines, ensuring flexibility and adaptability in various mining scenarios. Following the successful completion of the AHS validation cycle, there are plans to implement the Autonomous Haulage Solution across all of Fortescue's global mining operations. This widespread deployment underscores the confidence both companies have in the technology and its potential to revolutionise mining operations. Weiss further elaborated on the significance of this development, stating, "This development will allow us to offer the global market a complete AHS." He emphasised that these innovative technologies are part of Liebherr's expanding range of technological products and represent a significant step forward in the company's strategy to position itself as a comprehensive solution provider for the mining industry. Looking to the future, Liebherr has announced its intention to offer the Autonomous Haulage Solution to other mining customers as well. This move aligns with the company's ongoing efforts to expand its portfolio of autonomous technologies, further cementing its position as a leader in mining equipment innovation. This collaboration between Liebherr and Fortescue represents a significant leap forward in the application of autonomous technology in the mining sector. By combining Liebherr's expertise in equipment manufacturing with Fortescue's operational experience, the partnership aims to create a solution that could potentially transform the efficiency, safety, and sustainability of mining operations worldwide.

Liebherr and Fortescue partner on world’s first autonomous electric haul truck

Volvo Group's subsidiary, Volvo Trucks, has achieved a significant milestone by securing its largest-ever commercial order for electric trucks. Swiss building solutions provider Holcim has committed to purchasing 1,000 electric trucks from Volvo Trucks, marking a major leap forward in adopting sustainable transportation solutions.

Volvo Group's subsidiary, Volvo Trucks, has achieved a significant milestone by securing its largest-ever commercial order for electric trucks. Swiss building solutions provider Holcim has committed to purchasing 1,000 electric trucks from Volvo Trucks, marking a major leap forward in adopting sustainable transportation solutions. This groundbreaking deal underscores the growing demand for electric trucks and the industry's commitment to reducing carbon emissions. Volvo Trucks, renowned for its diverse portfolio of brands, including Mack, Renault, and UD Trucks, recognizes the urgent need to address environmental concerns and has made substantial investments in electric vehicle technology. The initial delivery of 130 heavy electric trucks featuring Volvo's FH and FM models is scheduled for the fourth quarter of 2023, with further deliveries planned throughout 2024. These state-of-the-art electric trucks will be deployed in various European markets, including France, Germany, Switzerland, and Britain, catering specifically to Holcim's operations. While the specific financial details of the order were not disclosed, this landmark agreement is a testament to the trust placed in Volvo Trucks' electric vehicle capabilities and their commitment to sustainable solutions. Volvo’s ‘Zero-Emission’ Mission Volvo Trucks aligns with Holcim's environmental objectives and aims to have 50 percent of its truck sales consist of electric vehicles by 2030. The surge in demand for electric trucks from environmentally conscious companies striving to meet zero-emission targets has propelled Volvo Trucks' growth in the electric vehicle market. To cater to the anticipated increase in demand, Volvo Trucks is ramping up production at its facilities in Sweden, France, and the United States. In addition, a new production facility in Belgium is slated to begin operations in the third quarter of 2023. These expansion efforts highlight Volvo Trucks' dedication to meeting the evolving needs of its customers. Notably, all 1,000 trucks included in the Holcim order will be battery electric trucks (BEV). However, Volvo Trucks, like other industry players, is actively working on developing hydrogen-powered fuel cell trucks, which are expected to become available in the market in the latter half of this decade. This commitment to exploring alternative sustainable technologies positions Volvo Trucks as a frontrunner in driving the industry's transition towards cleaner and greener transportation solutions. Inputs from Reuters)

Volvo and Holcim To Electrify the Road with 1,000 Electric Trucks

The past year was sobering for investors who poured money into Tesla Inc (TSLA.O) and rival electric vehicle startups that hoped to emulate Tesla CEO Elon Musk's success. Starting next year, a wave of new electric vehicles from pickup trucks to middle market SUVs and sedans will hit the world's major markets. Watch this report.

WION Climate Tracker: Electric vehicle production set to surge in 2023

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