McKinsey on Start-ups

Electric Commerce: Volta Trucks’ vehicle for sustainable, urban freight delivery


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   Listen to the podcast (duration: 36:18) >  If you have noticed what seems to be even more delivery trucks crowding streets these days, you’re not alone. Ecommerce was already growing at a healthy clip before the pandemic, but the explosion in online shopping ushered in by COVID has left city streets often feeling more traffic-clogged than ever before. Whether idling at the curb or slogging through traffic, those commercial trucks are a major source of the emissions and pollutants that contribute to global warming. Carl-Magnus Norden is one of the people trying to change that. Norden is the founder and executive chairman of Volta Trucks, a Sweden-based electric truck manufacturer and services provider that has developed what it describes as the world’s first purpose-built, full-electric 16 ton commercial truck, designed specifically for freight distribution in city centers. Norden’s goal isn’t just to improve the sustainability of cities, but also the safety of their streets and the truck drivers themselves as well. On this episode, we talk to Carl-Magnus Norden about Volta Trucks’ disruptive model and the challenges and opportunities that lie ahead in the electric truck space.

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