Global logistics giant acquires Volvo electric trucks in Singapore
16 Oct 20245 min read
Summary
- Global logistics leader DSV has introduced Volvo Electric Trucks to its Singapore operations as part of its push toward sustainable transport solutions. The move marks a major milestone under the Singapore Green Plan 2030, reinforcing DSV’s commitment to achieving net-zero emissions by 2050 and setting a new standard for green logistics in the region.
- The newly deployed Volvo FL Electric and FM Electric trucks offer zero-emission operations, quieter performance, and reduced maintenance costs. Tailored to Singapore’s logistics landscape, the FL supports urban last-mile deliveries while the FM is optimized for longer hauls. Volvo’s upcoming long-range FH Electric model, set for 2025, will extend electric truck capabilities to journeys of up to 600 km.
- DSV’s partnership with Volvo Trucks and UD Trucks Singapore includes a seven-year service agreement and comprehensive driver training to ensure seamless integration. The initiative builds on DSV’s growing electric fleet and complements its global expansion following the acquisition of DB Schenker, positioning the company at the forefront of sustainable logistics innovation.
Volvo Electric Trucks is at the forefront of the movement towards electrifying transportation, mobility, and equipment industries, significantly aiding customers in reducing their carbon emissions. We aim to address our customers’ sustainability challenges from both a customer and societal point of view. Likewise, the Singapore Green Plan 2030 is a comprehensive effort involving the entire nation to push forward Singapore’s goals for sustainable development. Having two key sustainable stakeholders within one country could potentially pave the way for a sustainable future in the near future.
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“Launching our new electric fleet marks a pivotal moment for DSV in Singapore. It’s not just about adopting new technology; it’s about leading the way toward a greener, more sustainable future. We are thrilled by the positive feedback from clients and are confident that this initiative will bring us closer to achieving our long-term sustainability goals.” Gino Marzola, Managing Director of DSV Air & Sea Singapore & Malaysia said.
Innovation in Transportation
Volvo Trucks is one of the world’s largest manufacturers and a market leader in electromobility with 4,200 electric trucks operating in 46 countries. DSV, the world’s largest global transport and logistics company, is one of the largest purchasers of electric models from Volvo Trucks and earlier this year signed a huge deal for 300 new models for its European operation.In Singapore, the models are a Volvo FL Electric and a Volvo FM Electric. These two units represent the very latest cutting-edge truck technology, providing efficient, zero-emission transport solutions. The Volvo FL Electric is optimised for urban distribution, with a compact design and nimble turning radius. It’s ideal for navigating Singapore’s tightly packed urban centre, and last-mile deliveries. The Volvo FM Electric is larger, and offers a greater payload capacity and advanced technology for long-haul operations. It’s tailored for longer journeys while still offering the same high-performance, zero-emissions operation.Both models feature an all-electric drivetrain, enabling quieter operations and reducing noise pollution. They also deliver cost-efficient operation, and maintenance expenses than traditional diesel vehicles.The Volvo FL and FM Electric trucks have been customised to DSV’s local operational needs in Singapore, including modifications for optimal cargo capacity. The FL is equipped with 3 batteries, while the FM boasts 5 batteries, enabling longer-range and versatile performance.Volvo Trucks is set to expand the electrification of heavy trucks globally with the upcoming launch of a long-range version of its FH Electric truck in 2025. This model will have the ability to travel up to 600 km on a single charge, allowing customers to use electric trucks on longer routes without the need for frequent recharging. The enhanced range is made possible by Volvo’s innovative e-axle technology, which allows for increased battery capacity, along with improvements in battery efficiency, management systems, and overall powertrain performance.
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“Long-lasting partnerships and a dedicated determination to truly make an impact are crucial for achieving substantial CO2 reductions in practice. During the past few years, we have experienced change towards a sustainable future across most of our markets. As a manufacturer, we need to be prepared to manage changes that can occur without much warning. We will always be able to sell trucks, but we need to develop business models and make sure that we can adapt our size to match new conditions. We also need to continue to deliver high-quality products and help our customers achieve profitability with their Volvo trucks.” Anna Engblom, Managing Director, Volvo Trucks, Southeast Asia & Japan said.
Support and After-Sales Services
To ensure seamless integration of Volvo’s electric trucks into DSV’s operations in Singapore, the company is providing comprehensive support through a 7-year Gold Service Agreement, which covers all service and repairs. Additionally, UD Trucks Singapore provided driver training before the handover, ensuring DSV’s team is well-prepared to operate the vehicles efficiently.
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“We are excited to be part of this green transition alongside DSV and Volvo Trucks. Providing comprehensive training and after-sales support to ensure these electric trucks deliver on their promise is at the heart of our commitment to helping Singapore achieve its sustainability goals. With the combination of innovative technology and strong customer support, we are confident that DSV will see excellent operational performance and long-term value from these vehicles.”Joseph Heng, General Manager of UD Trucks Singapore, said.
DSV’s Alignment with Global and Local Sustainability Goals
DSV is committed to driving sustainable practices across its operations, with a global target of achieving net-zero emissions by 2050. DSV’s adoption of the Volvo FL and FM Electric trucks in Singapore is part of a broader strategy to expand its electric vehicle fleet. In Singapore, DSV already operates electric vans, 10ft and 14ft e-trucks for some of their last-mile deliveries. The introduction of these larger electric models signals DSV’s readiness to scale up as demand for sustainable logistics solutions grows.As part of its bold vision to lead the global logistics industry, DSV recently signed a landmark agreement to acquire DB Schenker, one of the largest and most strategic moves in its history. This acquisition not only enhances DSV’s logistics capabilities but also aligns with its mission to drive sustainable solutions worldwide. While the global focus sharpens, DSV’s Singapore operation continues to push forward with innovative green initiatives, exemplified by its latest electric vehicle partnership with Volvo Trucks.DSV has received encouraging feedback from clients interested in adopting electric vehicles for their operations. While enthusiasm is high, adoption will depend on specific operational requirements, and the company is actively engaging with potential customers to assess how electric trucks can enhance their supply chains.