Volvo Group is leading the charge towards a sustainable future as demand for fully electric trucks and buses continues building globally. Volvo Group delivered a total of 683 electric trucks in the first quarter of 2023, up 254% year-over-year (YOY).
Volvo Group, the parent company encompassing Volvo, Renault Trucks, Mack Trucks, Nova Bus, and more, continues to pioneer fully electric heavy-duty vehicles.
Best known as a global truck, bus, and construction equipment leader (they also make marine and industrial engines), the Volvo Group has been pushing the industry to new boundaries with innovations, including the three-point safety harness, unique designs to enhance efficiency, and the first fully integrated sleeper compartment.
After releasing its first electric truck, the FL Electric, in 2019, Volvo set the industry on a new, sustainable trajectory.
Volvo followed it up with the more powerful VNR Electric featuring a larger battery pack to boost range. This past year, Volvo added three massive 44-ton heavy-duty electric trucks to its lineup, making it the industry’s most extensive portfolio of zero-emission commercial options.
The company’s pioneering efforts are paying off, with electric truck deliveries surging 254% in the first quarter.
Amazon Volvo FH Electric (Source: Volvo Trucks)
Volvo Group electric truck deliveries climbing
Volvo Group released its first quarter results Thursday, showing 683 fully electric trucks were delivered during the first three months of 2023.
Compared to only 193 deliveries in Q1 2022, Volvo is seeing a steady rise in zero-emission deliveries. Volvo delivered 350 EV trucks, while Renault Trucks delivered 331 (128 heavy and medium duty, 203 light duty), and Mack had a total of two.
Meanwhile, electric truck orders grew by 67% to 825 in the quarter, with Volvo (486), Renault Trucks (324), and Mack (15).
Volvo Group increased electric deliveries in other areas of its business, including construction equipment (202), buses (34), and engines (20).
Volvo Group segment
Orders
Deliveries
Electric Trucks
825
683
Electric Construction Equipment
259
202
Buses
48
34
Volvo Penta
21
20
Other Brands
44
22
Total
1,197
961
Volvo Group electric truck/bus/ other business area’s orders and deliveries Q1
Volvo Trucks had several important milestones in the first quarter, including:
Beginning production of heavy-duty rigid electric trucks in Sweden
Starting a collaboration with Boliden to deploy electric trucks for underground mining
Volvo’s total electric heavy-duty market share in Europe increased by 50.2% to nearly one-third of the market.
Electrek’s Take
Volvo Group is leading the industry in a new direction, and the results are beginning to show. Volvo says it continues to see demand requests building across its electric lineup, especially for city buses and trucks.
Seeing the results paying off for a company actively working toward a sustainable future is exciting. Volvo Group aims for 35% fully electric sales by 2030 as it works toward a net-zero value chain by 2040.
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Tesla drivers, if you’ve been looking for a way to protect your OEM wheels, turn heads, and bonus – squeeze out more range! – the all-new HALODISC 2 Custom Numbers wheel covers from Haloblk (pronounced “halo-black”) check every box.
Electrek readers can use promo code ELECTREK25 for 25% OFF throughout October.
These aren’t just any wheel covers. They’re explicitly engineered for Tesla and proven by thousands of drivers to boost range by up to 10%. The sleek, aerodynamic design cuts through air resistance and reduces wheel turbulence, so you get more miles out of every charge – especially on highways and long road trips. Available in black or white, you can pick the color that best matches your Tesla’s look.
The HALODISC 2 wheel covers feature a racing-inspired center-lock system, ensuring maximum stability and safety at every speed. Installation takes just 30 seconds using the included tool, and the full-coverage design shields your OEM wheels from scratches and curb rash. They even come with an integrated anti-theft mechanism, so you know they’ll always be secure.
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Personalize them: your number, your story
Here’s where things get really fun. The Custom Numbers Series lets you choose a number from 00 to 99 – maybe it’s your birth year, a lucky number, or something meaningful to you. You can also engrave up to 30 characters of custom text on each wheel cover. Whether it’s a motto, a dedication, or something that makes you smile, this bespoke touch makes your Tesla truly yours.
Built for every Tesla
The HALODISC 2 wheel covers fit all major Tesla models, including the Model 3, Model 3 Highland, Model Y, Model Y Juniper, Model S, and Model X. They’re compatible with 20+ OEM wheel sizes, so you can upgrade your ride no matter what you drive.
Early access & exclusive discounts
Electrek readers get special treatment:
But here’s the best part: Electrek readers can use promo code ELECTREK25 for 25% OFF. One-time use per customer. A set of four wheel covers starts at $449.
Boost your range, protect your wheels, and tell your story – all in one sleek upgrade.
This emblem is crafted from genuine carbon fiber – not plastic or chrome – delivering lightweight durability, impact resistance, and a high-performance aesthetic. Built to resist UV, weather, and everyday wear, it retains its gloss and finish over time, unlike standard ABS or plated emblems that fade.
With eight different carbon weave and light-reflective finishes, the Halo Effect Series gives Tesla owners unique styling options. It’s a rare upgrade: True carbon fiber emblems are typically reserved for racing and high-performance vehicles.
Choosing one is more than just an aesthetic decision; it’s a cultural nod to motorsport heritage and a way to stand out from uniform OEM emblems. It ships together with your HALODISC 2 order (US only).
Tesla has partnered with its recent foe, Disney, to promote its latest movie, Tron: Ares, with an in-car update that is not making everyone happy.
Many owners view it as Tesla making in-car advertisements and/or working on something that distracts them from needed software updates.
Today, Tesla announced and began pushing an update to its car owners, which essentially amounts to an advertisement for Disney’s new movie, Tron: Ares.
The update enables owners to turn their in-car visualization into a Tron bike.
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The update is surprising on several levels, as it essentially serves as an advertisement for a Disney movie.
However, more importantly, Tesla is pushing advertisements to its vehicle owners inside their cars, and people are not happy.
Examining the first few dozen comments below the announcement, the reaction is mainly negative.
Tesla owner Matt Chinander wrote:
“Oh good, advertisements are making it in my car.”
Austin Harrison added:
I’m sorry but this is an absolutely worthless update. Also, when did Tesla start partnering with woke companies like Disney? Didn’t Elon just go a rampage LAST WEEK against woke?
Tesla owners are also upset that the automaker spent time and resources developing this software update rather than working on more significant updates, such as delivering on its long-promised full self-driving capabilities, especially on older HW3 cars, which have been left untouched for more than a year.
Electrek’s Take
Yes, this is not a good look. This is definitely a promotional effort for the movie. The question is: Is Tesla getting paid for this?
Is it really pushing advertising inside its vehicles?
Even if it is a cross-promotional effort, it doesn’t look great, and it’s a clear step toward automakers pushing ads inside connected vehicles.
I am not a fan all around. The idea of Tesla pushing ads in-car is not ideal, and this partnership itself is a questionable move.
I loved the original Tron movie. Legacy wasn’t great, but the soundtrack was outstanding. That said, I don’t have high hopes for this new one based on the trailer, which looked cheesy. It currently holds a 55% rating on Rotten Tomatoes.
The most disappointing aspect is that Tesla would spend any effort on this rather than on much-needed updates to its user interface and other software features within its vehicles.
Prediction: within the next year, Tesla will start doing this more often and offer an “ad-free experience” with its “premium connectivity subscription.”
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Ford is no longer planning to offer a program that would extend the $7,500 EV tax credit for at least another few months. The company said it will continue offering competitive lease payments.
Ford ends $7,500 EV tax credit program for leases
Just a day after GM suddenly ended plans for a program to extend the $7,500 EV tax credit for leases, Ford announced it will also end the offer.
“Ford will not claim the EV tax credit,” a company spokesperson confirmed with Reuters on Thursday. However, don’t expect all the savings to disappear. At least, not yet. The spokesperson added Ford will still offer the “competitive lease payments we have in the market today.”
The move comes after crosstown rival GM announced a similar decision on Wednesday. Last week, Reuters reported that Ford and GM were planning to launch programs to extend the $7,500 tax credit for EV leases.
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The program involved purchasing EVs from dealer inventories through their financing divisions, enabling them to become eligible for the credit.
Ford Mustang Mach-E (left) and F-150 Lightning (right) (Source: Ford)
Ford and GM would then use the funds to continue offering the $7,500 credit for those leasing an EV. The programs were expected to run at least a few months after the September 30 deadline.
The company spokesperson said Ford Credit is still offering 0% APR financing for 72 months, along with other incentives, for electric vehicle buyers.
2025 Ford F-150 Lightning (Source: Ford)
A source close to the matter told Reuters that GM scrapped the program after Republican Senator Bernie Moreno called to close a loophole that enabled the credit to be passed on through leasing.
“GM worked on an extended offer for the benefit of our customers and dealers,” a company spokesperson said, adding, “After further consideration, we have decided not to claim the tax credit.” The company will provide about $6,000 of its own cash instead to continue supporting EV leases. GM will also continue to fund the incentive lease terms until the end of October.
Several automakers are promising to keep the savings going with incentives of their own, including Hyundai, BMW, and Stellantis.
Looking to grab the savings while they are still here? You can use our links below to find available models in your area.
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