Sales of Volvo’s gas-powered trucks rose by 25% in 2024, with the UK, Sweden, Norway, the Netherlands, and Spain identified as key markets. The company offers gas-powered versions of its FM, FH and FH Aero models, with a range of up to 1,000 kilometres. These vehicles can run on LNG or biogas, the latter offering up to 100% CO₂ savings (Well-to-Wheel) when used with HVO (Hydrotreated Vegetable Oil) as ignition fuel.
Volvo notes that global biogas production increased by 21% in 2024, improving availability in several European countries. In markets with tax incentives or subsidies for renewable fuels, biogas is also described as more cost-efficient than diesel.
By comparison, Volvo’s battery-electric trucks have reached 5,000 units sold since 2019, with customers operating in 50 countries. The manufacturer’s electric range now includes eight models, serving distribution, construction and refuse segments. According to Volvo, these vehicles have collectively covered almost 170 million kilometres in commercial use.
Adoption of electric trucks remains slower, particularly in long-haul operations where range, charging infrastructure and vehicle cost are still limiting factors. In contrast, gas-powered trucks are already being used in long-distance transport, regional distribution and construction sectors.
Both gas and electric trucks are part of Volvo’s three-path strategy to reach net-zero emissions by 2040, which also includes fuel-cell electric trucks and combustion engines powered by renewable fuels such as biogas, HVO, and green hydrogen.
“Many of our customers choose to replace their diesel trucks with gas-powered trucks as an easy way to reduce their CO₂ emissions here and now,” said Jan Hjelmgren, Head of Product Management at Volvo Trucks.
