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May 24, 2023

Volvo Agrees to Electric

By Dominic Chopping STOCKHOLM--Volvo said Wednesday that its Volvo Penta unit

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]

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