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.

Mercuries Life Insurance Co (三商美邦人壽) shares surged to a seven-month high this week after local media reported that E.Sun Financial Holding Co (玉山金控) had outbid CTBC Financial Holding Co (中信金控) in the financially strained insurer’s ongoing sale process. Shares of the mid-sized life insurer climbed 5.8 percent this week to NT$6.72, extending a nearly 18 percent rally over the past month, as investors bet on the likelihood of an impending takeover. The final round of bidding closed on Thursday, marking a critical step in the 32-year-old insurer’s search for a buyer after years of struggling to meet capital adequacy requirements. Local media reports

US sports leagues rushed to get in on the multi-billion US dollar bonanza of legalized betting, but the arrest of an National Basketball Association (NBA) coach and player in two sprawling US federal investigations show the potential cost of partnering with the gambling industry. Portland Trail Blazers coach Chauncey Billups, a former Detroit Pistons star and an NBA Hall of Famer, was arrested for his alleged role in rigged illegal poker games that prosecutors say were tied to Mafia crime families. Miami Heat guard Terry Rozier was charged with manipulating his play for the benefit of bettors and former NBA player and

The DBS Foundation yesterday announced the launch of two flagship programs, “Silver Motion” and “Happier Caregiver, Healthier Seniors,” in partnership with CCILU Ltd, Hondao Senior Citizens’ Welfare Foundation and the Garden of Hope Foundation to help Taiwan face the challenges of a rapidly aging population. The foundation said it would invest S$4.91 million (US$3.8 million) over three years to foster inclusion and resilience in an aging society. “Aging may bring challenges, but it also brings opportunities. With many Asian markets rapidly becoming super-aged, the DBS Foundation is working with a regional ecosystem of like-minded partners across the private, public and people sectors

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