Volta Trucks raises EUR37 million to bring electric delivery van to the streets of London and Paris
Trucking tends to be connected with highways, however it’s not uncommon to discover large delivery vehicles rotating down the firmly loaded streets of the world’s most populated cities. According to EV start-up Volta Trucks, that’s far from perfect: in London, large industrial cars cause around 26% of pedestrian deaths and around 80% of bicyclist deaths, […] The round was led by New York-based Luxor Capital Group and returning financier Byggmästare Anders J Ahlström Holding of Stockholm. 4 years later, Volta (not to be puzzled with Volta Charging, the European EV charging station company) has actually come up with a truck that gives the chauffeur a 220-degree view, comparable to what one might see on a city bus. On the inside of the 16-ton truck, called Volta No, will sit a single system including an electric motor, transmission and rear axle provided by OEM supplier Meritor. Those batteries will have a 95- to 120-mile range and will be created by Proterra, a supplier (and now financier) that Volta states will be able to provide batteries into the longer term and at higher production levels. …
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