About Volvo Trucks
Volvo Trucks is a publicly listed company based in Goteborg (Sweden) founded in 1928. Trucks are manufactured by Volvo Trucks in Sweden since 1928. It operates on a Direct-to-Consumer (D2C) and Managed Services model. Volvo Trucks has completed 1 acquisition, including Jiangling Heavy-Duty Truck. Its chief executive, as recorded, is Martin Lundstedt. Its website volvotrucks.com draws about 154 thousand monthly visits. Volvo Trucks offers products and services including Volvo FH Aero, Volvo FH Aero Electric, and Volvo FMX. Its focus areas include Automotive, Commercial Vehicles and Heavy-Duty Trucks. Its legal entity is AB Volvo. Its competitors include Scania, Einride and Volta Trucks; 2 of its 3 listed competitors have raised funding.
Company details
Volvo Trucks is involved in the design, production, and distribution of heavy-duty commercial vehicles for various industries, including long-haul transport, construction, and urban delivery. Solutions are offered in diesel, electric, and gas-powered models to address diverse operational needs. Emphasis is placed on sustainability, safety, and productivity through innovations like connected services and driver support systems. Operations span multiple regions globally, with a focus on reducing emissions and enhancing road safety.
- Latest Funding Round$7.51M (USD), Grant
Jul 2023
- InvestorsU.S. Environmental Protection Agency
& 3 more
- Investments & Acquisitions
Associated legal entities of Volvo Trucks
Volvo Trucks is associated with 2 registered companies on The Company Check. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Volvo Truck India Private Limited CIN U34102KA1999PTC024975 | Strike Off | 30 Mar 1999 | Bangalore, Karnataka | View details | |||
| Ve Commercial Vehicles Limited CIN U74900DL2008PLC175032 | Active | 07 Mar 2008 | New Delhi, Delhi | ₹27,375 Cr | 5,707 | 12 | View details |
Products & Services of Volvo Trucks
Volvo Trucks offers a comprehensive portfolio of products and services, including Volvo FH Aero, Volvo FH Aero Electric, and Volvo FMX.
Heavy-duty truck designed for long-haul transport efficiency.
Electric truck built for sustainable long-haul operations.
Rugged truck tailored for demanding construction site tasks.
Apps and channels of Volvo Trucks
its YouTube channel Volvo Trucks has 166K subscribers and 30 videos.
Videos from Volvo Trucks
The most watched videos on Volvo Trucks's YouTube channel, Volvo Trucks (166K subscribers). Click a video to play it here.
More on Volvo Trucks.
Funding Insights of Volvo Trucks
- Total Rounds 10
- Last Round Grant — $7.51M
- First Round $352,123
(Oct 2016)
- Investors Count 4
All 10 funding rounds of Volvo Trucks with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2023 | $7.51M | Grant | – | – | |
| Apr 2023 | $3.25M | Grant | – | – | |
| Apr 2023 | $2.05M | Grant | – | – | |
| Mar 2023 | $11.61M | Grant | – | – | |
| Mar 2023 | $3.34M | Grant | – | – | |
| Mar 2023 | $2.9M | Grant | – | – | |
| Dec 2022 | $4.59M | Grant | – | – | |
| Oct 2020 | $27.1M | Grant | – | – | |
| Jan 2018 | $327,519 | Grant | – | – | |
| Oct 2016 | $352,123 | Grant | – | – |
4 investors in total: 4 institutional.
Investors in Volvo Trucks
Volvo Trucks has secured backing from 4 investors, including institutional investors. Prominent investors backing the company include U.S. Environmental Protection Agency, Air Quality Management District and European Union.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
| bund.de | ||||
Air quality management services are provided for regulatory compliance. | 1976 | aqmd.gov | United States | |
Environmental protection and regulation are managed nationwide by the agency. | 1970 | epa.gov | ||
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability | 1958 | europa.eu | Brussels, Belgium |
Investor details for Volvo Trucks
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Ve Commercial Vehicles Limited (Volvo Trucks)
The board of Ve Commercial Vehicles Limited currently have 9 directors; the longest-serving is Siddhartha Vikram Lal, appointed in 2008. 18 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Siddhartha Vikram Lal DIN 00037645 | Director | 07 Mar 2008 | 18 yrs 7 mo | Ve Commercial Vehicles Limited |
| Inder Mohan Singh DIN 07114750 | Director | 09 May 2019 | 7 yrs 5 mo | Ve Commercial Vehicles Limited |
| Sofia Helena Frandberg DIN 06516556 | Director | 09 May 2023 | 3 yrs 5 mo | Ve Commercial Vehicles Limited |
| Jan Peter Hjelmgren DIN 10499711 | Director | 08 Feb 2024 | 2 yrs 8 mo | Ve Commercial Vehicles Limited |
| Bruno Roger Michel Blin DIN 11082267 | Director | 06 May 2025 | 1 yr 5 mo | Ve Commercial Vehicles Limited |
| Vinod Kumar Aggarwal DIN 00038906 | Nominee Director | 01 Apr 2026 | 7 mo | Ve Commercial Vehicles Limited |
| Padmaja Alaganandan DIN 02867269 | Director | 01 Apr 2026 | 7 mo | Ve Commercial Vehicles Limited |
| Rajinder Singh Sachdeva DIN 09268063 | Nominee Director | 01 Apr 2026 | 7 mo | Ve Commercial Vehicles Limited |
| Srinivas Balantrapu DIN 11597236 | Managing Director | 01 Apr 2026 | 7 mo | Ve Commercial Vehicles Limited |
People of Volvo Trucks
31 people are tracked at Volvo Trucks (21 in leadership, 10 in team).
| Name | Role | Group |
|---|---|---|
Martin Lundstedt | CEO & President | Leadership |
Monica Skyttebol | Director Business Control & Investments | Leadership |
Roger Alm | President | Leadership |
Lise-Lott Magnusson | Executive Assistant To CFO & SVP Business Control | Leadership |
Dominique Partridge | VP Volvo Trucks Credit & Trade Finance | Leadership |
Magnus Koeck | Vice President, Strategy, Marketing & Brand Management | Leadership |
Peter Stroem | Vice President | Leadership |
Jeff Walters | Head Of SDI & Cash Flow BC GTP | Leadership |
Michelli Bueno | CFO Volvo Trucks Belux | Leadership |
Madeleine Lindeberg | Business Control Director | Leadership |
Therése Nordström | Business Control Director | Leadership |
Zdenko Mlyncok | Chief Financial Officer | Leadership |
Christina Christenson | Director Customer Finance Development | Leadership |
Claudia Barcelos Silva | Business Controller / CFO Market Brazil | Leadership |
Jurong Li | Vice President Business Control Volvo Trucks Europe South & West | Leadership |
Christine Sandgren | Director Business Control | Leadership |
Martin Stenholm | Senior Vice President Strategy, Brand & Communication | Leadership |
Debora Venturi | Head Of Brand Management | Leadership |
Lisa Bigsten | Vice President Business Control, Volvo Trucks Europe Central East & East | Leadership |
Kristin Signert | Vice President Brand & Customer Journey | Leadership |
11 more people are available in the full profile.
Complete people profiles for Volvo Trucks
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Financials of Volvo Trucks
Figures of Ve Commercial Vehicles Limited, the primary company behind Volvo Trucks, for FY 2026. Revenue was ₹27,375 Cr (+15% year on year). Net profit was ₹1,467 Cr (5% margin). EBITDA was ₹2,740 Cr (10% margin). Revenue has grown at a compounded annual rate of +13% over three years and +26% over five years.
- ₹27,375 CrRevenue · FY 2026 · +15% YoY
- ₹1,467 CrNet profit · 5% margin
- ₹2,740 CrEBITDA · 10% margin
- ₹10.00 CrPaid-up capital
- 5,707Employees (provident fund records)
- +13%Revenue CAGR, 3 years
- +26%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Ve Commercial Vehicles Limited are on its company page.
Detailed financial statements for Volvo Trucks
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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- Downloads
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Investments & Acquisitions by Volvo Trucks
Volvo Trucks has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Jiangling Heavy-Duty Truck.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Heavy-duty tractors and fuel trucks are manufactured in China. | jmch.com.cn | Taiyuan, China | 2012 | Aug 2021 | $122.94M |
Complete acquisition details for Volvo Trucks
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
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Timeline of Volvo Trucks
5 dated milestones of Volvo Trucks across 95 years, from founding to its latest funding, stage changes and deals.
- Founded Volvo Trucks is founded.
- IPO Lists on the stock exchange (IPO).
- Funding First funding round of $352K.
- Acquisition Acquires Jiangling Heavy-Duty Truck.
- Funding Latest funding round, Grant, of $7.5M.
Competitors of Volvo Trucks
Volvo Trucks has 3 listed competitors in our database, 2 of them funded. They include Scania, Einride and Volta Trucks.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| scania.com | 1891 | Sodertalje, Sweden | Commercial vehicles including trucks and buses are manufactured and serviced. | |||
| einride.tech | 2016 | Stockholm, Sweden | $865.3M | Autonomous electric trucks are manufactured for freight and emissions management. | ||
| voltatrucks.com | 2019 | Stockholm, Sweden | $386.04M | Electric trucks with sustainable features are developed by Volta Trucks. |
Detailed competitors of Volvo Trucks
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- Full competitor set
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Web traffic of Volvo Trucks
The website of Volvo Trucks (volvotrucks.com) receives about 154K visits a month and ranks #250,015 among all websites worldwide, #5,800 in Automotive Industry.
- Monthly visits154K
▼ 2.6% vs previous month
- Unique visitors71.7K
per month
- Global rank#250,015
among all websites
- Category rank#5,800
Vehicles · Automotive Industry
- Bounce rate40%
- Pages per visit2.5
- Average visit58 sec
- DevicesDesktop 30% · Mobile 70%
Websites whose visitors overlap most with Volvo Trucks. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| volvo.com | 100% | #33,947 | View details | ||
| volvobuses.com | 76% | 131.4K | #315,205 | View details | |
volvoomaha.com | volvoomaha.com | 65% | – | ||
rusnakvolvocars.com | rusnakvolvocars.com | 65% | #1,983,439 | – | |
fordtrucks.com.tr | fordtrucks.com.tr | 64% | #1,361,246 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Volvo Trucks
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Related news about Volvo Trucks
Complete news archive for Volvo Trucks
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Frequently Asked Questions about Volvo Trucks
Volvo Trucks was founded in 1928 and raised its 1st funding round 88 years after it was founded.
Volvo Trucks is headquartered in Goteborg, Sweden. It is registered at Goteborg, Vastra Gotaland, Sweden.
Martin Lundstedt is the CEO of Volvo Trucks, as recorded in our data.
Volvo Trucks is involved in the design, production, and distribution of heavy-duty commercial vehicles for various industries, including long-haul transport, construction, and urban delivery. Solutions are offered in diesel, electric, and gas-powered models to address diverse operational needs. Emphasis is placed on sustainability, safety, and productivity through innovations like connected services and driver support systems. Operations span multiple regions globally, with a focus on reducing emissions and enhancing road safety.
Volvo Trucks's top competitors include Einride, Scania and Volta Trucks.
Volvo Trucks offers Volvo FH Aero, Volvo FH Aero Electric, and Volvo FMX.
Volvo Trucks has made 1 acquisition, including Jiangling Heavy-Duty Truck.
Volvo Trucks has 4 investors. Key investors include U.S. Environmental Protection Agency, Air Quality Management District, European Union, and Bund.de.
Volvo Trucks is associated with 2 legal entities: Ve Commercial Vehicles Limited, Volvo Truck India Private Limited.
The legal entities of Volvo Trucks currently have 11 directors, including Siddhartha Vikram Lal, Vinod Kumar Aggarwal, Praveen Kumar Jain and others.
The website of Volvo Trucks receives about 154 thousand visits a month and ranks #250,015 among all websites worldwide.