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                                                           The timeline for the new truck variants


                                                           The  ground-up  development  of  the  7.5-  and  12-ton  vehicles  is
                                                           being  delivered  at  the  same  industry-leading  pace  as  other  vehicle
                                                           developments. Having confirmed the start of the project in December
                                                           2021, a Pilot Fleet of vehicles is expected to be launched for customer
                                                           trials in 2024, with series production due to commence in early 2025. The
                                                           forthcoming 7.5- and 12-ton vehicles will make a significant contribution
                                                           to  the  company’s  objective  to  sell  over  27,000  per  year  by  2025  and
                                                           increasing in the years beyond.


                                                           «The forthcoming 7.5- and 12-tonne models complete the full-electric
                                                           Volta Zero product family», commented Essa Al-Saleh, Chief Executive
                                                           Officer of Volta Trucks. «They’ll sit alongside our 16-tonne vehicle, that’s
                                                           currently engaged in extensive testing ahead of the first customer use
                                                           later  this  year,  and  the  18-tonne  vehicle  that  will  start  production  in
                                                           mid-2023. Our customers tell us that they really appreciate the safety
                                                           and zero-emission attributes of the 16-tonne Volta Zero, but also need
                                                           smaller 7.5- and 12-tonne vehicles in their operations. Our engineering
                                                           teams are now scaling rapidly to be able to deliver all four vehicles at
                                                           pace, as our customers ask of us».

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