The Volvo Group's position on alternative fuels

The Volvo Group prioritizes fuels with high energy efficiency and low greenhouse gas emissions based on a well-to-wheel perspective. All relevant stages of the fuel chain are considered; from the cultivation and harvesting to the distribution and use, as well as availability and long-term supply.
All relevant stages of the fuel chain are considered; from the cultivation and harvesting to the distribution and use, as well as availability and long-term supply
The Volvo Group develops and offers a number of different solutions adapted for various applications and commercial conditions. There is no single existing alternative fuel that is optimal for all applications and all situations.

For long-distance transport, crude oil-derived diesel fuel with increasing renewable and synthetic components will remain the dominant fuel. Liquid methane, DME and methanol are prioritized complements.
Short-distance transport will lead the shift to electricity, especially in urban areas
For regional transport, compressed and liquefied methane fuel will grow as a result of price and reliability of supply. The Volvo Group believes that biogas will grow slowly, but total volume is limited.

Short-distance transport will, in our opinion, lead the shift to electricity, especially in urban areas. City buses with plug-in or fully electric solutions will be followed by urban delivery and utility trucks. We believe compressed methane, later followed by DME will also be important.