One of the first electric HGV companies, Volta Trucks, has filed for bankruptcy following a struggle to secure batteries for its lorries.
While headquartered in Stockholm, Sweden, where the firm has filed for bankruptcy, Volta Trucks has most of its business and engineering operations in the UK, with bases in Warwick, Coventry and Reading. In June 2023, it also launched its first ‘service hub’ in Tottenham, north London, with London Mayor Sadiq Khan opening the site that was due to service the firm’s electric HGVs.
