Taiwan Cement Corp leads low-carbon revolution with Volvo electric trucks: Driving toward a greener future
Taiwan Transport and Storage Corp (台灣通運倉儲) purchased the first Volvo electric truck, an FME 43-tonne tractor, and held a delivery ceremony for the “Launch of Low Carbon EV Green Transportation” yesterday, making Taiwan Cement Corp (台灣水泥) the first company in Taiwan to adopt electric trucks to transport cement products and demonstrating its commitment to sustainable operations. Volvo electric trucks have great advantages in high-efficiency power, low emissions and ultra-quietness, and can satisfy the company’s sustainability goals.
Taiwan Transport and Storage Corp is to arrange for the two Volvo electric tractors to deliver bulk low-carbon cement. Combined with Taiwan Cement Corp’s green environmental engineering concept, carbon reduction and sustainability effects would achieve rapid growth.
After the successful delivery ceremony with Taiwan Transport and Storage Corp, Volvo Trucks will continue its efforts to promote green energy transportation in Taiwan.
Volvo Trucks’ electric trucks set sights on the world, laying the foundation for global sustainable transportation
As the UN released the Paris Climate Change Agreement, many countries have also made commitments and set goals for carbon reduction.
Facing the challenge of global climate change, Volvo Trucks has launched full range of low-emissions, low-noise level and environmentally-friendly electric trucks.
Since 2019, Volvo Trucks has successively launched 18.5 and 26-tonne FL Electric and FE electric trucks. Last year, Volvo officially commenced mass production of heavy-duty trucks, including tractors and rigid up to 43 tonnes, to meet various business applications for customers.
In recent years, Volvo Trucks has expanded worldwide, starting from Europe and North America, where nearly 6,000 electric trucks are sold in 42 countries around the world, and it continues to lead the market. Important economic centers in Asia, including Singapore, Taiwan, Hong Kong, Japan and Thailand are seeing growing demand for sustainable transportation.
With the introduction of next-generation batteries redefining industrial standards, the battery capacity has been increased by 42 percent. The DC charging technology can quickly recharge the capacity to 80 percent in 90 minutes and complete the charging process in less than two hours.
Volvo Trucks has also set clear goals for the brand. By 2030, carbon dioxide emissions from sold trucks shall be reduced by 50 percent, and by 2040, it shall be reduced by 100 percent. By 2050, Volvo Trucks population shall emit net-zero carbon dioxide emissions.
Taikoo introduces the full series of Volvo electric trucks to provide comprehensive transportation solutions
Taikoo Motors Group (太古汽車集團) has always supported and implemented the plans set by the Volvo brand. In 2023, the brand’s full series of electric vehicles, ranging from 18.5 to 43-tonne trucks and tractors, was introduced. In 2024, it would expand the product line again and introduce electric cement mixer trucks.
Taikoo also provides short, mid and long-term total solutions for EV transportation by building charging stations at its service centers across Taiwan and providing a professional service team to provide full after-sales support of electric vehicles.
Taikoo Motors is to continue to develop a comprehensive 360-degree sustainable ecosystem, collaborating with more strategic partners such as charging stations, energy storage equipment, insurance companies, and more. This aims to facilitate a smoother transition for customers from diesel truck to electric.
Cross-industry practice of ESG Volvo Trucks as the best partner to achieve net zero
Volvo’s electric trucks are now present in more than 40 countries, garnering support from renowned companies across various industries in Taiwan.
WRC Pacific, Ltd, a global leader in environmental protection, has acquired the first Volvo FE electric truck. Additionally, Zuellig Pharma, one of Asia’s largest healthcare service providers, has collaborated with Longfeng Pharmaceutical Logistics to introduce Taiwan’s first Volvo FE electric cold chain truck.
This initiative marks a significant step towards green logistics, showcasing the companies’ dedication to sustainable transportation. Recognized for their leadership in their respective fields, these companies are committed to achieving energy conservation and carbon reduction.
Volvo Trucks continues to lead in electric truck technology globally, advancing green energy and carbon reduction efforts. It remains a committed partner in supporting companies’ endeavors to implement environmental, social and governance strategies.
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) secured a record 70.2 percent share of the global foundry business in the second quarter, up from 67.6 percent the previous quarter, and continued widening its lead over second-placed Samsung Electronics Co, TrendForce Corp (集邦科技) said on Monday. TSMC posted US$30.24 billion in sales in the April-to-June period, up 18.5 percent from the previous quarter, driven by major smartphone customers entering their ramp-up cycle and robust demand for artificial intelligence chips, laptops and PCs, which boosted wafer shipments and average selling prices, TrendForce said in a report. Samsung’s sales also grew in the second quarter, up
On Tuesday, US President Donald Trump weighed in on a pressing national issue: The rebranding of a restaurant chain. Last week, Cracker Barrel, a Tennessee company whose nationwide locations lean heavily on a cozy, old-timey aesthetic — “rocking chairs on the porch, a warm fire in the hearth, peg games on the table” — announced it was updating its logo. Uncle Herschel, the man who once appeared next to the letters with a barrel, was gone. It sparked ire on the right, with Donald Trump Jr leading a charge against the rebranding: “WTF is wrong with Cracker Barrel?!” Later, Trump Sr weighed
LIMITED IMPACT: Investor confidence was likely sustained by its relatively small exposure to the Chinese market, as only less advanced chips are made in Nanjing Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) saw its stock price close steady yesterday in a sign that the loss of the validated end user (VEU) status for its Nanjing, China, fab should have a mild impact on the world’s biggest contract chipmaker financially and technologically. Media reports about the waiver loss sent TSMC down 1.29 percent during the early trading session yesterday, but the stock soon regained strength and ended at NT$1,160, unchanged from Tuesday. Investors’ confidence in TSMC was likely built on its relatively small exposure to the Chinese market, as Chinese customers contributed about 9 percent to TSMC’s revenue last
HEADWINDS: Upfront investment is unavoidable in the merger, but cost savings would materialize over time, TS Financial Holding Co president Welch Lin said TS Financial Holding Co (台新新光金控) said it would take about two years before the benefits of its merger with Shin Kong Financial Holding Co (新光金控) become evident, as the group prioritizes the consolidation of its major subsidiaries. “The group’s priority is to complete the consolidation of different subsidiaries,” Welch Lin (林維俊), president of the nation’s fourth-largest financial conglomerate by assets, told reporters during its first earnings briefing since the merger took effect on July 24. The asset management units are scheduled to merge in November, followed by life insurance in January next year and securities operations in April, Lin said. Banking integration,
RSS