2023 Volvo Electric Truck – Volvo Trucks Korea last week announced that it will launch an all-electric heavy-duty truck by 2023. Volvo Trucks Korea wants to consolidate its leadership position in South Korean import truck markets. South Korea is very fond of the Swedish-born brand. The Swedish-born brand sold approximately 2,000 trucks in South Korea by 2021. This 40% represents the truck market. According to reports, Volvo plans to increase this number to 50% by 2025.
2023 Volvo Electric Truck Review
Volvo arrived in South Korea in 1996. This was one year before the Asian financial crisis. The company has experienced recovery and plans to sell its 30,000th unit in the second half of 2022. The company plans to sell 10,000 more units in the next three years, increasing its total sales to 40,000 units by 2020.
A company could see a significant increase in sales prospects if it launches an electrified truck. Brands that provide the best products and services could be the ones to win in the long-term EV revolution.
Volvo Trucks has local products like the FH, FH 16 FMX, FH 16 FMX, and Big Bus ranges. These models are great for medium-sized companies looking to increase their commercial fleet. The trucks come in a variety of configurations, including rigid and tractor-head models. They are available in light, medium, and heavy-duty options.
2023 Volvo Electric Truck Verdict
The Big Bus range offers high-end mass transportation options and premium rider experiences. These models are used by some of the most well-known bus operators in the country.