VOLVO TO VOLTA – FORMER VOLVO BOSS NILSSON PLUGS INTO VOLTA

A former president and member of the executive board of Volvo Trucks  has ben announced as the latest board member with electric truck start up company, Volta.

Claes Nilsson has joined the Volta Trucks board bringing a wealth of experience to the electric truck maker having worked with Volvo for many years, including being responsible for Volvo Trucks regions in Europe, South America, Asia, and Africa, as well as previously being responsible for Strategy, Business Development and Product Planning, both regionally and globally.

Nilsson has also in the past held board positions for Volvo Financial Services, Volvo Venture Capital, and several market companies across AB Volvo.

Volta’s statement  about Nilsson’s appointment  says that  he ‘brings a deep understanding and knowledge of the commercial vehicle industry to the board of directors, including retail, aftersales service, supply chain, financing, leasing, and rental as well as the body builder marketplace’.

Announcing the appointment of Nilsson, the president of Luxor Capital Group and chairman of the board of directors at Volta Trucks, Douglas Snyder, said that Nilsson’s appointment follows the appointment just two months after Karl Viktor Schaller joined the Volta Trucks board. 

“These new appointments further strengthen the deep experience within the board, bringing key industry expertise and validation to the company as it focuses on its commercial operations, and converting the initial interest generated in the full-electric Volta Zero into confirmed and binding orders,” said Snyder.

 “These customer truck orders will be built early this year on our production line in Steyr, Austria,” he added.

Claes Nilsson said he joins the Volta Trucks board with great enthusiasm.

 “I am very impressed with the vision and plans the company has to deliver electric commercial vehicles and thereby contribute to a more sustainable transport industry,” Nilsson said.

“The product is clearly a world-first concept, both in terms of an optimized electric truck and for the safety of drivers and other road users,” he added.

 “The operational model and the speed that Volta Trucks has worked is also contributing to my excitement. Most importantly though, is the positive impression of the people I have been in contact with. With my experience from many years in the truck industry, I look forward to supporting the company in its future progress,” Nilsson said.