DFDS Orders Additional 25 Electric Trucks From Volvo

December 22, 2021 6:08 AM | 1 min read | Make a Comment

Volvo AB's VLVLY Volvo Trucks has received an additional order for 25 heavy electric trucks from DFDS, a shipping and logistics company in Northern Europe. Financial terms not disclosed.
The new pact adds to the order of 100 Volvo FM electric trucks made in October, adding up to a total of 125 electric trucks for DFDS.
The new trucks will be used for transports in the DFDS logistics system in Europe.
Volvo expects to begin the delivery in 4Q22.
Price Action: VLVLY shares closed higher by 2.52% at $22.03 on Tuesday.

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