banner
Home / Blog / Volvo Agrees to Electric
Blog

Volvo Agrees to Electric

Mar 18, 2023Mar 18, 2023

By Dominic Chopping

STOCKHOLM--Volvo said Wednesday that its Volvo Penta unit has expanded its partnership with Italian heavy-equipment manufacturer Fantuzzi Team Material Handling to include electric forklifts.

The partnership will see a full range of e-forklifts developed using Volvo Penta's modularized electric platform, the Swedish carmaker said.

Volvo Penta and FTMH have worked closely together for 10 years, it added.

Write to Dominic Chopping at [email protected]

GitLab shares rise on strong fiscal first quarter, Coinbase slides on SEC news, and AMD gains on price target increase.

Dow Jones Newswires is a market-moving financial and business news source, used by wealth managers, institutional investors and fintech platforms around the world to identify trading and investing opportunities, strengthen advisor-client relationships and build investor experiences. Learn More.