Volta Trucks

Volta Trucks

Last activity: 04.06.2024
Categories: AutomationCenterDesignDieselVehicles
We have set out to create an all electric truck specifically to be used in and around cities and urban areas. No tailpipe emissions, no engine noise. And without a bulky diesel engine we’re also able to completely re-design the cabin with a driver-centric approach to make the vehicle safer for drivers, pedestrians and cyclists. The driver seat has literally been placed in the center and the cab lowered to optimise the driver’s field of view and to allow easy access on both sides with sliding doors. In short, we’re ripping up the design book on urban trucks and starting again.
Website visits
9.4K /mo.
Location: Sweden, Sigtuna
Employees: 201-500
Total raised: $305.18M
Founded date: 2019

Investors 2

Funding Rounds 3

21.02.2022Series C$261M-
20.09.2021Series B$43.7M-

Mentions in press and media 36

04.06.2024Decade Energy raises €3.6M to decarbonisation of logistics fleetDecade Energy, the French logistics electrification and energy management service provider, has raised €3.6 million in Seed funding to accelerate the decarbonisation of logistics fleets. The company is founded by the founder of Volta Trucks...
07.05.2024PURE EV and PDSL collaborate to develop a electric 2-wheeler with a solid-state battery techToday, PURE EV, Indian electric 2-wheeler scooter OEM, announced a joint venture with Pragmatic Design Solutions Ltd (PDSL) in the UK. PDSL has been delivering leading-edge engineering and digital technology solutions since 2010 for cliente...
01.12.2023Luxor Capital Group acquires bankrupt Volta Trucks: What's next?After filing for bankruptcy in October, today the administrators of Volta Trucks have officially confirmed speculations that New York-based hedge fund Luxor Capital Group has purchased the company outright. The financials of the deal were n...
20.10.2023Bankrupt electric truck startup Volta Trucks is seeking buyers after raising $390 million in fundingThe management of the bankrupt electric truck startup, Volta Trucks, is actively pursuing a buyer to rescue the company from administration and facilitate the final stages of ramping up production to meet mass production targets, Reuters re...
20.10.2023This week in European tech: Nokia scales back, Volta Trucks unplugs, and EQT closes in on nearly €20BThis week, our research tracked more than 95 tech funding deals worth over €1 billion. We saw over 10 exits and M&A transactions on the other end of the spectrum. In addition to this week's top financials, we've also indexed the most im...
17.10.2023Unplugged: Volta Trucks files for bankruptcy impacting 800 employeesVolta Trucks, the makers of Volta Zero, an all-electric, 16-tonne vehicle designed for city-centre freight deliveries, has filed for bankruptcy following a failure to secure additional capital. The demise of Volta Trucks affects over 800 em...
29.11.2022Sweden’s Volta Trucks bags €60M; partners with Siemens for fleet electrificationSweden-based Volta Trucks, an automotive company offering electric trucks for sustainable cities, announced that it has raised €60M in a Series C extension round. In February 2022, the company had raised €230M in the initial Series C fundin...
24.10.2022Bill Gates throws support behind new European cleantech scale-up coalitionWith the goal of helping Europe become climate-neutral, energy-autonomous, and industrially competitive, eight European cleantech companies have joined hands to form a new cleantech scale-up coalition. Supported by Breakthrough Energy found...
15.10.2022Daily AI Roundup: Biggest Machine Learning, Robotic And Automation Updates 15th OctoberThis is our AI Daily Roundup today. We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in artificial intelligence (AI), Machine Learning, Robotic Process Automation, Fintech, and hu...
14.10.2022Volta Trucks And Siemens Partner To Accelerate Commercial Fleet ElectrificationVolta Trucks and Siemens intend to jointly deliver eMobility charging infrastructure to Volta Trucks’ customers. Partnership aims to support customers to simplify and accelerate their migration to commercial fleet electrification. Agreement...
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