Qantas and bp form strategic partnership to advance net zero emissions
Ford-owned Spin partners with Tortoise to bring remotely operated e-scooters to cities in N America & Europe in 2021

Electric commercial vehicle maker Volta Trucks closes $20M round; order book at $260M

Volta Trucks, a manufacturer of full-electric commercial vehicles, closed a $20-million convertible debt funding raise.

Leading the raise was New York-based investment firm, Luxor Capital; Luxor Capital joins previous lead investor, Byggmästare Anders J Ahlström of Stockholm, and a number of supporting shareholders.


The order book for the Volta Zero, a purpose-built full-electric large commercial vehicle, now stands at more than $260 million. This follows a successful commercial period of customer acquisition for the company, with a significant number of additional vehicle orders expected to be announced in the coming weeks. The first Volta Zero vehicles are expected to be operating with customers in late 2021.


The comments to this entry are closed.