- Volvo AB's VLVLY Volvo Trucks has received an additional order for 25 heavy electric trucks from DFDS, a shipping and logistics company in Northern Europe. Financial terms not disclosed.
- The new pact adds to the order of 100 Volvo FM electric trucks made in October, adding up to a total of 125 electric trucks for DFDS.
- The new trucks will be used for transports in the DFDS logistics system in Europe.
- Volvo expects to begin the delivery in 4Q22.
- Price Action: VLVLY shares closed higher by 2.52% at $22.03 on Tuesday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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