Volvo Penta and TICO partner in electromobility

Apr. 11, 2021

Volvo Penta, Chesapeake, Va., and TICO, Ridgeland, S.C., are taking the first step to introduce an emission-free, electric terminal tractor. The two companies said they are partnering in an effort to develop emissions-free, fully electric terminal truck prototypes. Terminal tractors are used in ports, distribution centers and rail terminals.

Together, the two companies will start building the first prototypes and begin testing this year.

“Volvo Penta’s vision is to be a leader in sustainable power solutions and we are working closely with our customers to transform the industry and drive the research and development of sustainable technology. Together with TICO, we have an exciting journey ahead,” said Helene Mellquist, CEO and president, Volvo Penta.

“TICO has always been at the forefront of bringing alternative powertrain solutions to the market,” said Frank Tubbert, general manager, TICO. “We recognized the need for an electric vehicle (EV) application and wanted a partner that could deliver electric power solutions, characterized by proven technology and backed by a trusted brand and superior support.”

In addition to its manufacturing operations, TICO also manages a fleet of more than 1,500 terminal tractors, creating a unique business model as both an original equipment manufacturer (OEM) and an operator.

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